Economy
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WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) joined U.S. House Speaker Kevin McCarthy (R-CA) in demanding that President Joe Biden address the nation’s nearly $32-trillion debt crisis before the United States defaults on its debt obligations.
WASHINGTON, D.C. – Last month, U.S. Rep. Randy Feenstra (R-Hull) helped introduce, alongside U.S. Rep. Ron Estes (R-KS), the American Innovation and R&D Competitiveness Act, which would make immediate research and development expensing permanent for small businesses, manufacturers, biofuels producers, and the farming community.
WASHINGTON, D.C. – Last week, U.S. Rep. Randy Feenstra (R-Hull) helped introduce, alongside U.S. Rep. Michelle Steel (R-CA), the Permanent Tax Cuts for American Families Act, which would make the enhanced standard deduction – first established by the Tax Cuts and Jobs Act (TCJA) of 2017 – permanent. This enhanced deduction is set to expire in 2025 absent congressional action.
WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) issued the following statement after the U.S. Supreme Court upheld California’s Proposition 12, which is devastating for Iowa hog farmers, egg producers, and rural communities.
WASHINGTON, D.C. – Today, U.S. Reps. Randy Feenstra (R-IA) and Wiley Nickel (D-NC) introduced the Access to Credit for our Rural Economy (ACRE) Act of 2023, which would benefit American families, farmers, and rural communities nationwide by giving greater flexibility to more financial institutions to offer affordable lines of credit to rural and agricultural borrowers.
Buying a home is a significant investment. For most families, it’s their most valuable asset. Our homes foster fond memories, bring families together, and have exemplified the American Dream for generations. However, thanks to the failed economic policies of the Biden Administration, the dream of homeownership has quickly dissipated for many Americans. Skyrocketing interest rates, higher taxes, more red tape, and record inflation spurred by wasteful government spending all prevent American families from investing in their future.
WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) cosponsored legislation – the Free Market Mortgage Act of 2023 – to repeal President Biden’s mortgage fee hike on responsible homeowners.
This week, biofuels made headlines in our nation’s capital and lawmakers from across the country – who never thought twice about the unlimited potential of homegrown ethanol and biodiesel to lower gas prices and make our country energy independent again – took notice.
WASHINGTON, D.C. – Last week, U.S. Rep. Randy Feenstra (R-Hull) led 21 of his Republican colleagues in sending a letter to President Joe Biden demanding that he abandon his plans to cap like-kind exchanges for Iowa farmers and main street businesses.
WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) issued the following statement after he led the Iowa congressional delegation in negotiations with Kevin McCarthy (R-CA), Speaker of the U.S. House of Representatives, securing vital tax relief for Iowa agriculture and the biofuels industry.