EXCLUSIVE: A group of GOP senators will head to the chamber’s floor Wednesday to hit President Biden and the Democrats for their spending proposal that they argue will adversely affect the agriculture sector.
Senate Agriculture Committee ranking member John Boozman, R-Ark., will be leading a handful of his colleagues on the floor to hammer the Democrats over the effects of their “reckless” spending and taxing plan on farmers and ranchers.
According to remarks obtained exclusively by Fox News, Boozman will criticize Biden and the Democrats for their proposed “changes to capital gains tax rates, stepped-up basis and the use of like-kind exchanges” that could put family farms and ranches “at risk.”
Boozman also called out Biden and his allies in Congress for claiming “ninety-eight percent of farms will not be impacted” by their infrastructure plan, without providing any evidence to back the claim up.
“And they have been asked to provide that, directly, by myself and a majority of the Republican side of the [Agriculture] Committee,” the remarks state.
“We essentially asked USDA to show its math. That request has gone unanswered,” Boozman plans to say, also adding that the GOP senators expect that an answer from the Agriculture Department is “unlikely.”
“We aske… (Read more)