United Group Insurance

Trump says ‘family farms are the backbone’ of US

Ag/Outdoor, News

August 29th, 2016 by Ric Hanson

Republican presidential nominee Donald Trump says agriculture is a “vital component” of the U.S. economy and he’s promising to protect the ethanol production mandate and reign in federal farm regulations. “Family farms are the backbone of this country, remember that,” Trump said Saturday. “And I know what’s happening to you.” Trump used part of his speech at Senator Joni Ernst’s event this weekend to speak directly to farmers.

“We’re going to make America grow again. Grow — that begins with supporting our family farms right here in Iowa. Do we have any farmers in the room? Stand up! Beautiful,” Trump said, as the crowd erupted in applause and cheers. Trump is singling out the Waters of the U.S. rule, calling it “a disaster” that must be eliminated. “We are going to end the EPA intrusion into your family homes and your family farms for no reason,” Trump said. “What they’re doing to you is a disgrace and we’re going to get rid of a lot of those regulations that don’t mean anything except cost you a lot of money and a lot of the time and in many cases you lose your farms over the regulations.”

And Trump is accusing President Obama of “lying” about his support of the Renewable Fuels Standard. “You can trust Hillary Clinton far less,” Trump said. “…Hillary Clinton wants to shut down family farms just like she wants to shut down the miners and the steel workers…She will do this not only through radical regulation, but also by raising taxes on family farms.”

Clinton has proposed raising the federal estate tax and people would have to pay if they inherit from any married couple whose estate is worth more than seven million dollars. According to Bloomberg Politics, Clinton’s estate-tax proposals would affect four out of every thousand estates in the country. A Clinton spokesman also says a year ago Clinton offered “a comprehensive plan” to “build a more vibrant rural America” and “Donald Trump will only work to build an economy that works for people like himself.”

On August 26th of last year, Clinton called for “strengthening” the Renewable Fuels Standard and reducing federal regulations on community banks that serve farmers and rural customers. She also promised to “change the formula” for key federal farm programs so “family operations” get crop insurance subsidies, but “big businesses” don’t.

(Radio Iowa)