Farm Bureau Applauds House Passage of Reconciliation Package

American Farm Bureau Federation President Zippy Duvall commented today on the House passage of the reconciliation bill.

“Farm Bureau applauds the House passage of H.R.1, which modernizes farm bill programs and extends and improves critical tax provisions that benefit America’s small farmers and ranchers.

“Updated reference prices will provide more certainty for farmers struggling through tough economic times. Making business tax deductions permanent and continuing current estate tax exemptions will ensure thousands of families will be able to pass their farms to the next generation.

“We urge the Senate to work together and swiftly pass legislation to deliver much-needed relief to America’s farm and ranch families.”