Agricultural News
Senator Jim Inhofe Meets with Farm Bureau Leaders- Expresses Optimism for GOP Gains in November
Thu, 26 Aug 2010 6:30:08 CDT
Members of the Oklahoma Farm Bureau Board of Directors met with Oklahoma's Senior Senator on Wednesday morning in Oklahoma City. Senator Jim Inhofe talked about several issues and then listened to concerns raised by the OFB leadership. (The picture here is of OFB President Mike Spradling on the left, with Senator Jim Inhofe standing on the right)
Inhofe expressed concern about the expiring tax cuts that expire on December 31 of this year. He highlighted the estate tax issue, where currently in 2010 there are no estate taxes owned if a person dies- but if they die after January 1, 2011, the tax penalty is 55% after a relatively meager one million dollar exemption. The Senator says if that is allowed to happen, it will be a disaster- be believes that the Democratic leadership will allow this and some of the other so called "Bush tax cuts" to be addressed, but was not specific about the timeline on that action taking place.
The Senator also talked about the challenge of dealing with Senator Barbara Boxer of California on the Environment and Public Works Committee in the Senate. He told Farm Bureau members that he had a good relationship with Lisa Jackson, Administrator of the EPA, but that she is talking her marching orders from Carol Browner in the White House when it comes to the aggressive agenda currently being undertaken by the Agency in areas like Clean Air, Clean Water, Carbon Emissions and more. He is hopeful that delaying tactics are successful in dealing with EPA until the November elections are over- and a stronger Republican presence on Capitol Hill will be able to blunt the regulatory battle being waged.
Senator Inhofe is very optimistic about the November elections, predicting that Democrats will have across the board losses in both the House and Senate. He agrees with other pundits that say the House is lost for the Democrats- and he continues to boldly call a Republican reversal in the US Senate as well, now predicting a net gain of 11 US Senate seats for the Republicans this November, which would move the GOP back into the majority in the Senate.
Before his conversation with the Oklahoma Farm Bureau leaders, Senator Inhofe spent a few minutes talking with the farm broadcast media, including Ron Hays of the Radio Oklahoma Network. Click on the LISTEN BAR below to hear that brief Q&A.
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