Jobs and Economic Growth
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Too often the bureaucracy and mindset of Washington, D.C. leaves rural America behind. From unworkable and unnecessary regulations to a lack of appropriate funding for critical projects, Americans and Iowans in rural areas seem to have been forgotten by the federal government.
As I travel across the Third District meeting with Iowans, holding town halls, and listening to folks’ stories, I gather their triumphs, struggles, solutions, frustrations, and concerns to carry with me to Congress and work on real solutions to the issues Iowans are facing.
The North American Free Trade Agreement (NAFTA) was agreed to in 1993 by President Clinton. Since then, Mexico, Canada, and the United States have established a significant trade relationship.
President Trump has said NAFTA is unfair to the United States and his administration's officials are attempting to renegotiate the terms of the agreement. He has also said he may withdraw the United States from the agreement if changes are not made to NAFTA.
When traveling the Third District speaking with farmers, producers and folks who rely on agriculture to make a living for themselves and their family, I hear how low prices for farm products and commodities have hurt families and our rural communities. These continually low prices make it difficult for folks to break even, let alone make a profit, hire workers, provide for their families, and invest in our communities. And according to the Congressional Research Service, new farm income is down 50 percent since 2013.
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Today, I voted to pass the Tax Cuts and Jobs Act to provide tax relief to the hardworking Iowa taxpayers throughout the Third District who sent me to Washington to work for them. As I have traveled throughout the District I have heard from too many folks who are living paycheck to paycheck struggling to get by.
My goal has always been to focus tax relief on middle and low income Iowans who deserve it the most. And the tax bill I voted for today does just that.
Washington, D.C. - Iowa Congressman David Young today voted to pass the updated, final Tax Cuts and Jobs Act (H.R. 1) following his efforts to change the bill to include provisions important to all Iowans.
Passage came on the heels of an assessment by the Congressional Joint Committee on Taxation showing middle income Americans, those making less than $200,000, will see the most benefits from the tax relief legislation. The analysis also showed the share of all taxes paid by higher income Americans will continue to grow each year.
Washington, D.C. - Iowa Congressman David Young is continuing his fight to protect the wind energy production tax credit.
Washington, D.C. - Iowa Congressman David Young is leading the effort in the United States House of Representatives to restore the biodiesel tax credit which expired last year. Yesterday, he led a letter to the leadership of the U.S. House of Representatives and was joined by 42 of his colleagues.
The letter calls on Congress to retroactively restore the credit before the end of year.
When I visit folks throughout the Third District, they share with me their successes, and unfortunately, their struggles. I take their stories with me to Congress where I work as hard as I can to help Iowans.
One way to help is by providing tax relief to folks who are struggling to get by, living paycheck to paycheck. And I've met too many folks in the district working more than one job trying to make ends meet.
Congress has been working over the past several months to provide deserved tax relief to hardworking Iowa taxpayers. As we near the finish line, there are groups fighting hard to protect the decades old and status quo tax code which is broken for most everyday Iowans. In their battle to protect the establishment which has left so many individuals and families financially struggling, these groups are spreading falsehoods in an all-out effort to stop progress on common sense tax relief. I thought it was important to dispel some of these myths and present the facts.