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Budget Passage Critical for Tax Reform

Dan Economy, Industry News Release

tax reformThe House has passed its budget bill, and the Senate has passed its version out of committee. The two chambers must come together to iron out the difference to provide tax relief to farmers and ranchers once the Senate bill moves forward. American Farm Bureau Federation congressional relations director RJ Karney says a budget must be finished to allow tax reform to take place.

Karney says there are differences in the House and Senate versions of the bill that must be addressed.

The Senate will consider its budget proposal next week when lawmakers return from recess. Once passed and both the House and Senate can agree on merging the two versions, the budget will become final, without the need of approval by the president.

That’s AFBF congressional relations director RJ Karney.

from American Farm Bureau Federation