Economy
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WASHINGTON, D.C. – Yesterday, U.S. Rep. Randy Feenstra (R-Hull) helped introduce – alongside U.S. Rep. Ron Estes (R-KS) and Chairman of the House Ways and Means Committee Jason Smith (R-MO) – the Unfair Tax Prevention Act to discourage foreign countries from attacking U.S. jobs and tax revenues through the Organization for Economic Co-operation and Development (OECD)’s Pillar 2 so-called Under Taxed Profit Rule (UTPR) surtax.
In the 21st century, access to high-speed, affordable internet is critical to the success of our rural communities and our long-term economic vitality. Reliable broadband connection ensures that our families can work from home, our farmers can effortlessly monitor commodity prices online, and our main street businesses can utilize the technology they need to serve their customers and make a living. To promote economic development and grow our rural communities, dependable internet connection is a must.
WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) introduced the Rural Broadband Modernization Act, which will provide grants and loans to rural communities to help expand rural broadband access, construct the necessary infrastructure for broadband deployment, and increase minimum broadband speeds in rural areas.
WASHINGTON, D.C. – Last night, U.S. Rep. Randy Feenstra voted for, and the U.S. House of Representatives passed, the United States-Taiwan Initiative on 21st-Century Trade First Agreement Implementation Act. This legislation would establish the first-ever bilateral trade agreement between the United States and Taiwan and codify into law explicit congressional approval of any future trade agreement with any nation.
It’s no secret that fiscal responsibility is sorely needed in Congress. Our nation is $32 trillion in debt, American families hold a record $986 billion in credit card debt, interest rates are skyrocketing, inflation remains persistent, and small business optimism has plummeted to a 10-year low. Evidently, the American economy is in tough shape, largely due to President Biden’s wasteful spending policies and reckless regulatory agenda. For the sake of our children and grandchildren, we must do better.
WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) helped unveil the Republican Study Committee’s (RSC) FY 2024 budget proposal, which balances the federal budget in just seven years, slashes $16.3 trillion in wasteful government spending over ten years, and cuts $5.1 trillion in taxes.
WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) voted for, and the U.S. House of Representatives passed, the Gas Stove Protection and Freedom Act. This legislation will stop any attempt by the Biden Administration’s Consumer Product Safety Commission to ban gas stoves in American homes, end their continued sale, or impose burdensome red tape that would effectively make gas stoves unaffordable.
Every year, filing taxes is both frustrating and confusing for millions of Americans. Not only is the process time-consuming and complex, but also discouraging as taxpayers see a large percentage of their earnings disappear into the depths of the Internal Revenue Service (IRS).
WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) led 7 of his colleagues on the House Ways and Means Committee in sending a letter to U.S. Treasury Secretary Janet Yellen urging her to protect U.S. taxpayers and hold Germany accountable for overextending its tax authority on American businesses and industry.
WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) helped introduce – alongside U.S. Reps. Darin LaHood (R-IL), Dan Kildee (D-MI), and Dwight Evans (D-PA) – the Modernizing Agricultural and Manufacturing Bonds Act (MAMBA).