Broadcast Newsline: May 7, 2021

The Biden Administration’s “The American Families Plan” includes major tax policy proposals in order to finance investments in workers and families, including childcare, nutrition and higher education.

Today’s Cotton Newsline is 1 cut. It features Reece Langley, Vice President of Washington Operations for the National Cotton Council.

Suggested Introduction 1:

The Biden Administration’s “The American Families Plan” includes major tax policy proposals in order to finance investments in workers and families, including childcare, nutrition and higher education. The Department of Agriculture has issued a statement indicating that this plan includes a special protection for family-owned farms and businesses. It would defer any tax liability on family farms as long as the farm remains family-owned and operated. Reece Langley, Vice President of Washington Operations for the National Cotton Council, joins us to explain how this plan could impact America’s family farms.

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