Farms.com Home   News

Farmers Union Deeply Disappointed In Tax Reform Conference Bill's "Severely Flawed Fiscal Policy"

 
The U.S. House of Representatives today voted to approve the conference Tax Cuts and Jobs Act, a sweeping tax system overhaul that will now go to the President’s desk for signing into law.
 
National Farmers Union (NFU) staunchly opposed the Act because of its regressive taxation structure and devastating implications health care affordability and the nation’s financial standing. The bill’s massive $1.5 trillion increase to the deficit now places farm program and entitlement funding on the chopping block, says the family farm organization. NFU President Roger Johnson issued the following statement in response to the vote:
 
“Farmers Union is deeply disappointed in Congress’ decision to approve the Tax Cuts and Jobs Act, not only because it is flawed fiscal policy, but also because we must now fight to protect every penny that is spent securing our nation’s food supply and natural resources, supporting our rural communities, and feeding our hungry.
Click here to see more...

Trending Video

Funds are Long the Grain & Oilseed Complex for the 1st Time Since Feb of 2025! BULLISH PRICES!

Video: Funds are Long the Grain & Oilseed Complex for the 1st Time Since Feb of 2025! BULLISH PRICES!


The funds (managed money) crowd/spec are now net long the grain complex! The AI King Nvidia reported 4th quarter earnings that surpassed Wallstreet estimates but the stock falls? Trump retaliates against U.S. supreme court decision to impose an additional 15% global tariff. FDN (First Day Notice) and month end fund selling in March futures were absent in 2026. Crude oil futures adding more geo-politics, weather turns more active for March, plus South America weather and the latest CFTC report.