House Ag Committee moves forward with President Trump’s tax cut bill

The House Ag Committee is pushing ahead with President Trump’s tax cut bill. They met last night to mark up key language tied to SNAP and farm security. The debate featured sharp disagreements over food assistance policy, but also moments of reflection.

Representative Dusty Johnson from South Dakota responded directly to concerns, acknowledging the emotion in the room.

“I know that periodically we all get wound up. We care about these issues. They’re important. And because they’re important, I think we want to try to speak in ways that do that, that illuminates the way forward with truth rather than just with political spin. And I would close, Mr. Chairman, by a quote from a former senator and a former president of the United States who said this. The culture of welfare must be replaced by the culture of work. The culture of dependence must be replaced by the culture of self-sufficiency and personal responsibility. And the culture of permanence must no longer be a way of life.”

The further proceeds of the amendment were voted on, and discussions will continue today. Senator Chuck Grassley told ag reporters that it really comes down to just two big budget issues, and if lawmakers can settle those, the rest of the bill should fall into place.

“If you’re dealing with food stamps on the one hand and compromise on reference prices for farmers on the other hand, then when you come to everything else that is in the farm bill is relatively nonpolitical, there should be agreement to get it done regardless of where food stamps and reference prices come out.”

Grassley also weighed in on the ongoing trade negotiations with China. He said it is unlikely the U.S. will fully recover the soybean market share lost after the 2019 tariffs, but there is potential for gradual improvement as talks continue.

Related Stories
The Supreme Court’s ruling could affect pesticide warning claims well beyond Roundup.
Farm Credit’s Christy Seyfert joined us to discuss the ag industry’s push for swift Farm Bill action as it heads toward a House vote.
Bridge payments are helping, but many producers still face losses and tight margins. AEM’s Curt Blades joins us to discuss how the current farm economy is pressuring equipment demand.
Texas rancher says illegal border crossings have slowed significantly, with fewer encounters reported over the past year.
Extends Program Application Deadline to August 12
RFA President and CEO Geoff Cooper joined us to discuss the proposed E15 amendment in the Farm Bill, industry reaction to the legislation, and the outlook for year-round E15 sales.

LATEST STORIES BY THIS AUTHOR:

FarmHER Debra Lockard joined us Friday on the Market Day Report to discuss her upcoming show episode, which premieres on Tuesday, October 1 at 9:00 PM ET, only on RFD-TV!
Meet FarmHER Debra Lockard, a third-generation Tennessee produce grower who splits her time running two farms in West Tennessee and teaching ag classes that promote sustainable farming practices in her Memphis community.
What are some common mistakes that farmers and ranchers make regarding estate planning? Here are a few key ideas to consider from RFD-TV Ag Legal and Tax Expert Roger McEowen with the Washburn School of Law.
RFD-TV Farm Accounting & Tax expert Roger McEowen discusses crucial legal and tax issues for farmers and ranchers to manage operational risks in this Firm to Farm blog post.
The FarmHER crew catches up with fifth-generation California sweet baby broccoli producer Kate Hitchcock and her team in the middle of the harvest season in the Salinas Valley.