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Agricultural News


Bipartisan Budget Deal Provides Fiscal Certainty and Significant Benefits for Farmers, Says NCFC

Wed, 07 Feb 2018 15:12:43 CST

President of the National Council of Farmer Cooperatives Chuck Conner issued the following statement in regard to the bipartisan budget deal announced today.


“The two-year, bipartisan budget deal reached today not only provides certainty over federal spending levels and avoids a government shutdown, but contains significant benefits for America’s farmers. Of special note is the $800 million in relief for dairy and cotton producers and $2.36 billion in disaster relief assistance for citrus growers and others impacted by hurricanes, wildfires and other natural disasters over the past year.


“As the appropriations committees begin work on their late March legislation to fund the federal government through the end of the fiscal year, NCFC will work to include several other issues important to co-ops and their members. First is legislation to address funding of multiple employer pension plans. Of special importance will be resolving the unintended impacts of Section 199A in a way that maximizes farmers’ economic returns during these trying times in rural America while maintaining the competitive balance that existed before passage of the tax reform bill.”



Source - National Council of Farmer Cooperatives

 

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