The American Farm Bureau sent a letter to all 100 U.S. Senators expressing its support for the Infrastructure Investment and Jobs Act. Farm Bureau President Zippy Duvall says modernizing the country’s transportation infrastructure continues to be a priority for their members. “That’s why we are supporting this bipartisan legislation,” Duvall says. “The investments in our nation’s roads, bridges, ports, and inland waterways are not just necessary, but they are long overdue.” He also says this legislation provides critical investments that will expand broadband internet access and repair and upgrade aging western water infrastructure that is, in many cases, 50 to 100 years old and not adequate to meet today’s needs. “Our nation’s infrastructure gives America’s farmers and ranchers a competitive advantage and helps us move products from fields to consumers around the world,” he adds. “These investments will ensure we continue to safely and efficiently transport the agricultural and food products that our nation and world rely on. We encourage the Senate to pass this investment in America’s future.” Duvall is also grateful that the senators didn’t place the burden of these investments on American farmers and ranchers through increased tax rates or by eliminating the stepped-up basis.
Farm Bureau Supports Infrastructure Legislation
3 comments
Indiana Farm Bureau: You either have no idea what is in the “Infrastructure” Bill, or the Left-wing cancer has infected you.
I no longer will be supporting IFB.
Such a terrible decision.
Of course they are. The problem is a small percentage of the massive spending bill is for “infrastructure.” Most of the bill is for Marxist democrat wish list items that have to be packaged with other spending most Americans are for. Why can’t our elites separate these items as the Constitution requires when writing bills?
Thanks to Todd Young for spending our great grand-kids money even before they are born. What a blithering fool you are to be hoodwinked into this scam.
Maybe Todd Young can explain these items included in the infrastructure bill:
Carefully tucked away inside the 2,700-page bipartisan infrastructure bill that is now poised for passage in the Senate are some controversial policies, including these five:
1. The bill includes a mandate for vehicle manufactures to install “drunk and impaired driving prevention technology” as a standard feature inside of new vehicles.
2. The legislation contains a $118 billion bailout for the Highway Trust Fund, which is currently funded primarily through federal taxes on gas and diesel fuel. As the text of the bill does not specify a revenue source to fully cover the $118 billion, funds would be transferred from the Treasury General Fund to the Highway Trust Fund.
3. A pilot program to create a vehicle miles traveled system for taxing drivers based on their annual vehicle mileage is hidden away in the bill’s section 13002, entitled “National motor vehicle per-mile user fee pilot.” Transportation Secretary Pete Buttigieg floated the idea of taxing motorists based on the number of miles they travel each year during his confirmation process.
4. The cryptocurrency provisions in the $1.2 trillion infrastructure bill have been criticized by lawmakers on both sides of the aisle. The bill includes an IRS reporting requirement for brokers of cryptocurrency transactions.
The broad definition of broker in the original version of the bill has sparked several amendments. White House Press Secretary Jen Psaki said on Thursday that the Biden Administration wants to reduce “tax evasion” in the cryptocurrency market.
Psaki also said the White House supports an amendment introduced by Sens. Mark Warner (D-Va.), Rob Portman (R-Ohio) and Kyrsten Sinema (D-Ariz.) that would more narrowly define broker in the bill.
There is a competing amendment introduced by Senate Finance Committee Chairman Ron Wyden (D-Ore.) and Pennsylvania Republican Sen. Pat Toomey. The senators are working on a compromise amendment, which conservatives like Texas Republican Sen. Ted Cruz oppose.
5. The bill grants select cabinet secretaries the authority to fully fund select infrastructure projects with taxpayer dollars by waiving cost-sharing rules.