December 6, 2019

Biofuels- Tax Issues; Farm Bill; Debt Action; Climate; and Biotech

Tax Issues: Political Background

David M. Herszenhorn and Sheryl Gay Stolberg reported in today’s New York Times that, “President Obama on Tuesday strongly defended his tax cut deal with Congressional Republicans against intense criticism from his own party, insisting it was ‘a good deal for the American people.’

“Struggling to ensure that the package would win approval, the White House deployed Vice President Joseph R. Biden Jr. to Capitol Hill in a bid to allay the concerns of Senate Democrats. Mr. Obama also held a news conference where, with uncharacteristic emotion, he suggested that liberals were unrealistic about what they could achieve in Washington and also slammed Republicans, at one point comparing them to hostage-takers.”