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Tag Archives: Congress

IFB: RECONSIDER FARM BILL

Illinois Farm Bureau President Richard Guebert Jr. wrote to Illinois’ congressional delegation, urging them to reconsider the 2018 farm bill. Timing of a second vote remains uncertain. Guebert also thanked lawmakers for helping defeat an amendment that would’ve phased out commodity programs and crop insurance. (FarmWeekNow.com)

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TRADE UPDATE

IFB President Richard Guebert Jr. thanked members for the “strong response” to the recent action request related to trade and tariffs during an update to county leaders Tuesday. Guebert said the effort sent a strong message to President Donald Trump and Congress on the importance of trade for farmers. (FarmWeekNow.com)

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DODD-FRANK

The U.S. House of Representatives may roll back restrictions put in place in 2010 under the Dodd-Frank Wall Street Reform and Consumer Protection Act. One Illinois congressman says the move would be a lifeline for farmers. (Illinois News Network)

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FARM BILL WISH LIST

Central #Illinois farmers have a simple message for Congress and the president on one of the most complicated pieces of legislation in Washington: Get it done this year and don’t take any steps backward. (The Pantagraph)

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BUDGET DEAL SIGNED

President Trump signed a $400 billion budget deal Friday to reopen the government after a brief middle-of-the-night shutdown. The bill includes large spending increases for the military and domestic programs. (USA Today)

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PROMOTION FOR REP. LAHOOD

U.S. Rep. Darin LaHood, a Republican from Peoria, has been appointed to the House Ways and Means Committee. The committee may be the most powerful in Congress, with jurisdiction over taxation, trade, tariffs and other revenue-raising techniques. The appointment is subject to approval by the House GOP conference. (Journal Star)

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THE CLOCK IS TICKING

Congressional Republicans and Democrats are once again far apart on a government spending bill with just days to go before a partial shutdown. After Republican leaders met with President Trump over the weekend, there was no indication either side had budged on policy disputes tied up in the funding debate. (Bloomberg)

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ANALYSIS: #TAX BILL GOOD FOR #FARMERS

Calling it “long overdue,” Illinois Farm Bureau President Richard Guebert Jr. said the new tax reform bill will benefit agriculture. An economic analysis shows farmers of all sizes and all levels of off-farm income will pay a lower rate. President Trump is expected to sign the bill. (FarmWeekNow.com)

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ALMOST THERE

The U.S. House is expected to give final approval Wednesday to a sweeping tax bill and send it to President Trump to sign into law. Both the House and Senate OK’d the bill Tuesday, but it is headed back to the House to clean up a procedural hitch. (Reuters)

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#TAX DEAL ON THE ROCKS

Sens. Marco Rubio and Mike Lee are insisting on changes to the Congressional tax deal before backing the plan. Rubio and Lee are in talks with other senators about expanding child tax credit refundability. If not expanded, Rubio said, “I’m a no…It has to be higher than $1,100.” Lee also is “undecided on the tax… read more

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