President Trump is making a push for sweeping tax cuts to help alleviate inflation

Securing major tax cuts is one of President Trump’s big agenda items this year.

During this week’s address to Congress, he said the 2017 tax cuts need to become permanent.

“It’s a very, very big part of our plan. We had tremendous success in our first term within a very big part of our plan. We’re seeking permanent income tax cuts all across the board and to get urgently needed relief to Americans hit especially hard by inflation. I’m calling for no tax on tips, no tax on overtime, and no tax on Social Security benefits for our great seniors.”

Related Stories
Higher biofuel mandates boost long-term crop demand, but a tighter D4 market may pressure biofuel feedstocks and pose new soybean oil demand risks.
According to a tweet from Rep. Anna Paulina Luna, the full House vote on the Farm Bill will be held until lawmakers return from recess.
Roger McEowen joins us to explain the USDA appeals process and how farmers should navigate adverse decisions and crop insurance disputes.
EPA’s approval gives citrus growers a new disease-fighting tool against greening at a time when production losses remain severe.
The House is moving forward with debate on the Farm Bill after a lengthy session in the House Rules Committee cleared the legislation for floor consideration.
Rail rulings, export terminal access, and equipment rules are becoming bigger factors in grain shipping costs and reliability.

LATEST STORIES BY THIS AUTHOR: