Photo by George Lauby
The U.S. economy grew at a rate of 1.3 percent last quarter, with farm inventories shrinking by $5.3 billion as a result of one of the worst droughts in decades.Sen. Candidate Deb Fischer said Thursday that the slight growth is anemic.
Fischer said the numbers shows why it’s necessary for Congress to pass a five-year Farm Bill that includes drought relief assistance.
“It’s time for both parties to stop playing partisan politics,” she said.
The Farm bill is stalled in the U.S. House of Representatives, where tea-party conservatives want to limit the growth of the food-stamp program -- part of the Farm Bill.
Fischer reiterated her jobs plan:
• Tax code. Overhaul the tax code and permanently repealing the alternative minimum tax and the estate tax. Fischer proposes reducing the business tax from 35 to 24 percent, while eliminating loopholes and deductions that some corporations use to avoid paying any taxes.
• Free, fair trade. Speedy approval of new trade agreements, particularly expanding the trans-Pacific partnership, a “free trade” agreement under negotiation between New Zealand and eight other countries, including the U.S.
• Mandates and regulations. Independently review and analyze every proposed rule or regulation with a significant economic impact on small businesses. Fischer also supports repealing the Dodd-Frank financial reform package, which she says has imposed significant burdens and restraints on community banks.
• Energy costs. An “all of the above” approach to energy independence -- opening onshore and offshore sites to oil drilling and drilling in the Alaska National Wildlife Reserve. Fischer also opposes a cap-and-trade energy tax, legislation that she said her opponent Bob Kerrey supports. On the other hand, Kerrey has said he doesn’t think so-called “cap and trade” legislation has the support of the American people, and he is critical of such exchanges that have been corrupted by graft.
• Health care . Full repeal of Obamacare, replaced with meaningful medical malpractice liability reform, purchase of health insurance across state lines, and making it easier for businesses and individuals to form Association Health Care Plans.