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farm safety net, tax deductions, agriculture support, 45Z tax credit, family farms
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The big reconciliation bill we just passed exemplifies this support. It strengthened the farm safety net, including increased reference prices. It makes key business tax deductions permanent and doubles tax exemption up to $30 million for couples and streamlines the 45Z tax credit. Folks, 45Z is going to do more for agriculture than all the soybeans and sorghum we sold to China in the past five years. This bill empowers our agriculture communities and secures our family farms for generations to come.

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Transcript
00:00The big reconciliation bill we just passed exemplifies this support.
00:05It strengthened the farm safety net, including increased reference prices.
00:09It makes key business tax deductions permanent and doubles the estate tax exemption up to $30 million for couples
00:15and streamlines the 45Z tax credit.
00:19Folks, 45Z is going to do more for agriculture than all the soybeans and sorghum we sold to China in the past five years.
00:26This bill empowers our agriculture communities and secures our family farms for generations to come.

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