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On May 26, 2021, the Senate Finance Committee advanced the Clean Energy for America Act (S.1265, 117th Congress) to the full Senate on a party-line vote. The legislation, which is a component of President Biden s Build Back Better plan, would overhaul the federal energy tax code by consolidating more than 40 different energy tax incentives into a set of emissions-based provisions that encourage clean electricity, clean transportation, and energy efficiency.
The incentives would be available to all energy technologies as long as they meet emissions reduction goals. The bill was introduced by Senate Finance Committee Chair Ron Wyden (D-Ore.) and 24 of his Democratic colleagues.
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Cattle, ranch organizations want relief from Biden administration for Trump trade deal
SD Ag Connection / News StaffApril 20, 2021Agriculture News
WASHINGTON, DC – During the 2016 presidential campaign, Donald Trump promised to renegotiate the North American Free Trade Agreement (NAFTA), which he called “the worst trade deal ever made.” As president, he did so. The result became the United States Mexico Canada Agreement (USMCA), which Trump signed into law in January 2020 and touted as one of his signature achievements in a State of the Union address.
Now, a number of national, state, and regional cattle and ranch associations – most all that politically endorsed Trump – are, “seeking immediate relief from the USMCA.” In an April 19 letter, 18 associations including R-CALF USA, Independent Beef Association of North Dakota and the South Dakota Stockgrowers Association, have written a letter to Agriculture Secretary Tom Vilsack and to United States Trade Representati
-R-CALF USA
BILLINGS, Mont. In anticipation of a soon-to-be-held summit between U.S. Trade Ambassador Katherine Tai and her counterparts within the U.S.-Mexico-Canada Agreement, 18 national, state, and regional cattle and ranch associations sent a letter seeking immediate relief from that agreement.
The letter addressed to Ambassador Tai and Agriculture Secretary Tom Vilsack states that the USMCA, “more than any other multilateral free trade agreement,” has “severely weakened” the United States’ live cattle supply chain and the rural communities it supports.
Included in the letter are two charts, one showing that during the past seven years the United States imported from Mexico and Canada about two and one-half times the value of beef and cattle that it exports, importing over $4.4 billion worth of beef and cattle but only exporting less than $2 billion of the same commodities.
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