[Congressional Record Volume 167, Number 112 (Monday, June 28, 2021)]
[House]
[Page H3160]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
STOP ATTACKS ON RURAL AMERICA
The SPEAKER pro tempore. The Chair recognizes the gentleman from Iowa
(Mr. Feenstra) for 5 minutes.
Mr. FEENSTRA. Madam Speaker, I rise today to urge President Biden and
his administration to back off on the attacks on rural America and
rural Iowa.
The administration has proposed changes to the stepped-up basis tax
policy, which is, effectively, the death tax with a new coat of paint.
I have heard from farmers all across the Fourth District who are
concerned about these changes, and they would be financially
devastating, especially when it comes to passing on that family farm to
the next generation.
This was confirmed in a recent study by Texas A&M and the Agriculture
and Food Policy Center. It noted that the stepped-up basis changes
would impact 98 percent of family farms and impose an additional $1
million tax on farms in the Midwest.
It is simple. The hardworking men and women of the Fourth District
and those who feed the world should not have to foot the bill for the
Democrats' reckless spending agenda.
The Biden administration isn't just looking at penalizing rural
Americans with higher taxes. They are also looking at implementing
burdensome regulations that will crush rural Main Streets and our
agricultural community in the Midwest.
Administrator Regan of the EPA recently announced that the EPA would
look into undoing the 2020 Navigable Waters Protection Rule, which
replaced waters of the U.S. as a smarter, more efficient, and more
straightforward approach to defining what waters warrant Federal
regulation.
A return to WOTUS, which allowed the Federal Government to regulate
water on 97 percent of the land in Iowa, would force unnecessary and
costly government regulations on the backs of Iowa farmers. There are
many places the Federal Government bureaucrats just don't belong, and
specifically, they don't belong on our family farms.
When the executive branch's power exploded under the Obama
administration, we saw ridiculous rules implemented and enforced,
leading to rising costs in the ag industry and snuffing out economic
growth on our rural Main Streets and in our rural communities.
This attempted power grab ultimately proved why water regulation is
best left to States and localities.
Put simply, the Biden administration's Big Government agenda for
rural America includes higher taxes and more regulation, but this
administration isn't stopping at this one-two gut punch. President
Biden is also looking to undermine the RFS and lowering biofuel
blending requirements. This will hurt both crop growers and biofuel
producers, two industries that are so critical to our economic activity
in rural Iowa.
At the same time, the administration is laughing as they propose
spending $174 billion on electric vehicles and charging stations. A
study by Biden's own Department of Energy found that four out of every
five vehicles will still require liquid fuels by 2050. Think about
that. Four out of every five cars in 2050 will still need liquid fuels.
Why is President Biden taking aim at this critical industry? It seems
the Democrats are shrugging their shoulders, comfortable with turning
their backs on the rural Midwest, farmers, our rural Main Streets. I
say enough is enough.
Rural Iowans are already suffering from high gas taxes and grocery
prices due to this incredible inflation, which is a direct result of
Democrats' massive and reckless spending. Gas prices are over 50
percent higher than they were a year ago. Our food and energy prices
continue to rise because of inflation.
In May 2021, the Consumer Price Index increased at a rate that has
not been seen since the 2008 recession. On top of the Biden inflation
tax, our farmers can't afford additional taxes, more regulations, and
other policies that will hinder the most important industries and will
stifle growth in the rural Midwest, creating a disaster for rural Main
Streets, our producers, and our family farmers.
Iowa is the breadbasket to the world. That is why President Biden
must back off rural America. Please back off agriculture.
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