Reagan tax plan eyed to help farmers but draw critique
Agriculture Secretary Block says the Reagan tax reform would lower rates for most family farmers and tighten shelter loopholes. Critics from the Center for Rural Affairs call the plan a backward step, arguing shelters fuel overproduction and disadvantage small farmers against large investors.
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Washington
John R. Block
Reagan
Block
Chuck Hassebrook
Center For Rural Affairs
Walthill
Neb
Treasury Department
Hassebrook
Treasury
Weather outlook with showers and heat across regions
The National Weather Service forecasts showers from the northern Plains to the Great Lakes and Ohio Valley with warm to very warm conditions from the Southwest to the East and cooler air from the Pacific Northwest to the northern Plains. Partly cloudy tonight with 40 percent thunderstorm chance, lows in the 70s. Friday will be partly sunny and very warm with a 30 percent thunderstorm chance and highs 85 to 90. Saturday and Sunday look fair, Monday mostly cloudy with a thunderstorm risk. Local records show 83/high 66/low with no precipitation from 7 a.m. Wednesday to today. Sunset 8:09 p.m., sunrise Friday 5:40 a.m.
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National Weather Service
Northern Plains
Great Lakes
Ohio Valley
East
Pacific Northwest
Farm Belt plans to preserve existing price supports
Farm Belt officials meeting in Des Moines concede Congress will not fund new farm aid and push to keep current price support programs while studying the farm’s future. Governors Branstad Janklow and Carlin warn against a full market approach, urging a rural urban coalition and state aid to farmers amid a quieter but continuing crisis.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
Congress
Terry Branstad
Chicago
New York
Philadelphia
Cleveland
South Dakota
William Janklow
Branstad
Midwest
Kansas
John Carlin
Carlin
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