As Finance chairman, Grassley wants ‘more middle-income tax cuts’

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.

Sen. Grassley heads to finance committee

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 …

Timing of tax ‘extenders’ bill uncertain, says Senate leader

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.

‘Tax extenders’ bill advances, including Section 179 expensing

The Senate Finance Committee approved, 23-3, a bill to retroactively revive four dozen tax breaks that expired at the end of 2014.

Senate tax package would boost investment, biofuels

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.

Froman says “good progress” with Japan on ag and autos

The 12-nation Trans-Pacific Partnership for free trade could be wrapped up within months, U.S. Trade Representative Michael Froman told lawmakers.

Livestock, poultry groups ask Congress to approve TPA

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.

Senate sends $41 billion tax extenders bill to White House

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.

Do immigration piecemeal, says incoming Senate chairman

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.