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WASHINGTON, D.C. – Yesterday, U.S. Rep. Randy Feenstra (R-Hull) helped lead a resolution to protect step-up in basis for Iowa family farmers and main street businesses. More specifically, this resolution recognizes “the importance of stepped-up basis under section 1014 of the Internal Revenue Code of 1986 in preserving family-owned farms and small businesses.”
WASHINGTON, D.C. – Today, during a House Ways and Means Committee hearing, U.S. Rep. Randy Feenstra (R-Hull) demanded answers from U.S. Treasury Secretary Janet Yellen over the Biden Administration’s failure to negotiate competitive tax agreements and protect pro-growth tax credits that benefit American businesses, workers, and main streets.
As the second largest exporter of agricultural goods in the nation, trade is vital to our economy in Iowa. 415,000 jobs are supported by trade in our state, and in 2018, Iowa exported roughly $14.4 billion in goods and services. As such, our farmers, producers, manufacturers, and agricultural community rely on strong trade agreements that open foreign markets and maintain our global competitiveness.
WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) voted for, and the U.S. House of Representatives passed, the Reduce Exacerbated Inflation Negatively Impacting the Nation (REIN IN) Inflation Act to curb record inflation sparked by President Biden’s wasteful economic agenda and costly executive orders. Feenstra is an original cosponsor.
WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) voted for, and the U.S. House of Representatives passed, a resolution overturning the Biden Administration’s Environmental, Social, and Governance (ESG) requirements for retirement investment funds without the explicit approval of investors.
WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) helped introduce legislation led by U.S. Rep. Drew Ferguson (R-GA) to ban the Internal Revenue Service (IRS) from implementing any new reporting requirements for banks or other financial institutions pertaining to private customer financial data. Feenstra is an original cosponsor of this legislation in the U.S. House of Representatives.
WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) helped introduce legislation – the TCJA Permanency Act – led by U.S. Rep. Vern Buchanan (R-FL) to make the Tax Cuts and Jobs Act of 2017 (TCJA) permanent and deliver tax relief to Iowa families, farmers, small businesses, and rural main streets. Feenstra was a cosponsor of this legislation in the 117th Congress as well.
Commitment. It’s a word that evokes hope, promises leadership, and delivers results. No other word in the English language constitutes a more ironclad bond between individuals than a commitment. Roughly four months ago, House Republicans made our own commitment – a Commitment to America – that we would rebuild our economy, end wasteful spending, stand up to the Chinese Communist Party, and defend the American Dream for every person, family, and community who calls our great nation home.
January 3rd marked the beginning of the 118th Congress and our new Republican majority in the U.S. House of Representatives. Across our nation, more than 54 million Americans entrusted Republicans with their confidence and their vote. Now, they rightfully expect us to deliver conservative victories for our country and our communities.
President Joe Biden and Democrats in Congress charged taxpayers $6 trillion for their liberal spending spree over the last two years. From the American Rescue Plan, which failed to rescue our economy, to the Inflation Reduction Act, which failed to reduce inflation, Democrats have fueled price hikes for everyday necessities and taxed families to pay for their wasteful agenda.