National Ag News
Farmers Union warns tax cuts will impact farm program funding
Dec 11, 2017, 16:18 PM
by
System
As Congressional Republicans push to finalize a massive package of corporate and individual tax cuts, two Farmers Union leaders are warning of possible dire consequences for future farm program funding.
National Farmers Union (NFU) president Roger Johnson says his group strongly opposes the tax reform legislation because it would increase the federal deficit by 1.5 trillion dollars and jeopardize funding for farm safety net programs.
“We all know the day is coming after this bill passes, that when we start debating the farm bill, folks are going to start screaming about, ‘Oh, wait a minute here—we don’t have enough money to spend on these programs’.”
Nebraska Farmers Union president John Hansen agrees.
