FarmPolicy

December 9, 2019

Biofuels- Taxes; Clean Water Act; GIPSA Rule; Climate Issues; and Trade

Tax Issues: Political Background- Democrat Opposition Fades, While GOP Concerns Increase- Estate Tax Issues Remain

Janet Hook and Martin Vaughan reported in today’s Wall Street Journal that, “The final obstacle to President Barack Obama’s tax deal—the opposition of House Democrats—appeared to be melting away Tuesday as strong Senate support for the legislation turned up pressure on liberal critics to concede.

“‘It’s a fast-moving train,’ said Rep. Peter Welch (D., Vt.), who has led opposition to the legislation to extend the Bush-era tax cuts for all income groups. ‘The momentum is all in its favor, that’s for sure.’”

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