WASHINGTON— U.S. Senator John Boozman (R-AR), ranking member of the U.S. Senate Committee on Agriculture, Nutrition, and Forestry, led a group of his colleagues in a series of speeches on the Senate floor that highlighted the detrimental impact that the Democrats’ reckless tax and spend agenda will have on family farmers, ranchers and rural America.
Boozman spoke in opposition to the Democrats’ proposal to levy tax increases on family farmers and ranchers to pay for massive new federal spending.
“Now, a new threat to their future looms — the Democrats’ reckless tax and spend agenda – for which family farmers and ranchers are being told to foot the bill. The Democrats are proposing changes to capital gains tax rates, stepped-up basis and the use of like-kind exchanges that put the future of our family farms and ranches at risk,” Boozman said in his remarks. “The next generation of family farmers will face devastating consequences if the Democrats have their way, as their proposed changes put the future of nearly two million family-owned farm operations at risk.”
Boozman was joined on the floor by agriculture committee members Sens. Chuck Grassley (R-IA), John Hoeven (R-ND), Roger Marshall (R-KS) and Cindy Hyde-Smith (R-MS). Sens. Roy Blunt (R-MO) and Jerry Moran (R-KS) also spoke about the harm the Democrats’ proposals will have on their state’s rural communities.
Senate Republican Leader Mitch McConnell (R-KY), who also serves on the committee, amplified the message during his daily remarks.
Original source can be found here.
