March 14, 2025 (press release) –
Washington, D.C. (March 14, 2025)—”The Senate passage of the continuing resolution to fund federal government operations through the remainder of the fiscal year puts behind us a process that has stretched on for more than six months. With this critical step complete, Congress must now urgently focus on priorities essential to the success of American agriculture.
“As the budget reconciliation process advances, Congress must permanently extend the Section 199A tax provisions set to expire at year’s end. Ensuring tax fairness through a permanent extension is essential to maintaining stability and encouraging investment across rural America.
“Additionally, Congress must swiftly pass a new five-year farm bill. Since the last bill in 2018, rural economic conditions have significantly evolved, and emerging trade disputes present new hurdles for producers and farmer cooperatives. America’s farmers and ranchers need a farm bill tailored to the economic realities and challenges they currently face.”
* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistribute or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.