Railroads that are critical to agricultural shippers have won some permanent tax relief, while biofuel producers have received extensions of tax benefits that subsidize next-generation products and installation of blender pumps.
Joe Biden is planning to start issuing a series of executive orders addressing the COVID-19 pandemic, climate change and other challenges, starting Wednesday as he take office as the 46th president in a capital city fortified like a war zone.
Lawmakers can now turn their eyes toward next Wednesday when Joe Biden will be inaugurated as president after Donald Trump was impeached by the House for a second time. The Senate won’t take up the impeachment before Trump leaves office.
Lawmakers have their focus on impeachment for now, but Democratic leaders are likely to try to pivot quickly over the next weeks as President-elect Joe Biden takes office. Climate policy as well as immigration and tax reform will be on the agenda for the Senate.
New faces will head key departments as the Biden administration takes office Jan. 20, and their actions on regulations affecting agriculture and rural America may differ sharply from the last four years.
USDA officials tell Agri-Pulse they are working “amicably” with the Biden transition team, which is paving the way for the incoming administration next week. On the international front, the transition team has been pressing USDA for details on the impacts of the “phase one” trade deal with China.