When he used the power of seniority to claim chairmanship of the Senate Finance Committee in the new session of Congress, Iowa’s Chuck Grassley said he wanted greater tax fairness for Americans. Many farm groups share his goal of additional tax relief.
Iowa Sen. Chuck Grassley used the power of seniority to claim chairmanship of the tax-writing Finance Committee on Friday, saying he would pursue a pro-growth agenda of “additional tax relief and tax fairness” and making health care more affordable. As Finance chairman, Grassley could play an …
Senate Majority Leader Mitch McConnell says he wants to enact a tax "extenders" bill in a timely way, but did not suggest a likely course of action during a news conference, reports Agri-Pulse.
The Senate Finance Committee approved, 23-3, a bill to retroactively revive four dozen tax breaks that expired at the end of 2014.
The $1 a gallon biodiesel tax credit would be revived along with other incentives for renewable energy in a Senate Finance Committee package of tax "extenders." The committee is scheduled to discuss, and probably vote on, the package on Tuesday.
The 12-nation Trans-Pacific Partnership for free trade could be wrapped up within months, U.S. Trade Representative Michael Froman told lawmakers.
Groups representing U.S. cattle, hog and poultry producers urged lawmakers to approve rules that assure trade agreements will get a yes-or-no vote with no amendments.
The Senate passed, 76-16, and sent to President Obama a retroactive one-year revival of four dozen tax incentives that expired at the start of this year.
The incoming chairman of the Senate Judiciary Committee says the Senate ought to take the same approach to immigration reform as the House - do it one piece at a time rather than assemble a comprehensive bill. "A provision dealing with just agriculture would pass Congress easily," Iowa Sen Chuck Grassley told reporters but action on popular items is stalled by advocates of a full-spectrum approach.