Class was in session on the Marshalltown Excessive Faculty library on Tuesday as U.S. Rep. Randy Feenstra (R-Iowa) addressed the financial system and federal finance system with a bunch of MHS seniors and soon-to-be voters.
Feenstra spoke to college students about present inflationary pressures, rising rates of interest, federal financial coverage, and impending discussions of elevating the nationwide debt ceiling.
But, the convention with college students was largely nonpartisan in nature, and dialog leaned extra in the direction of explaining to college students the function of presidency within the U.S. monetary system and the longer term function college students will play as a part of the bigger financial equipment.
As Feenstra stated, the last word aim and lasting impression he hoped to make on college students was to assist them acknowledge the alternatives that lay earlier than them as younger folks within the U.S.
“The underside line is that I would like all people to know that if you dwell in America, you’ll be able to determine your future. You’ll be able to determine what you need to be,” Feenstra stated. “You’ll be able to determine at an early age you need to have a sure training to do sure issues, you need to have sure abilities to do sure issues. However in America, you’ll be able to determine that and you may determine what you need to be, how profitable you need to be. Clearly, there’s some danger, however I would like children to know their potential proper right here in our nice nation.”
The go to with MHS college students was a part of the congressman’s common 36 county tour, and lots of the matters Feenstra spoke with college students about, equivalent to inflation, taxes, and authorities spending, additionally weigh closely on the minds of the constituents he has been assembly, in response to the Congressman.
“I’ve talked to the youngsters about the price of inflation, the price of shopping for gasoline, the price of shopping for meals. I hear that loads from our small companies and households,” Feenstra stated. “Clearly, the opposite massive factor, as a result of we’re in an Ag state, is the price of agriculture, of placing in that new crop this yr, particularly when all these inputs are actually excessive.”
Notably vital this yr for farmers and the Iowa agriculture group is the potential passing of the upcoming Farm Invoice, which is ready to be tackled by Congress this yr.
The invoice is a bundle of laws handed roughly as soon as each 5 years that has a large reaching impression on farming livelihoods, how meals is grown, and what sorts of meals are grown.
The previous farm invoice, titled the Agriculture Enchancment Act, was enacted in 2018 and expires in 2023.
Feenstra, who serves on the Home Agriculture Committee and Home Methods and Means Committee, has had a entrance row seat to the proceedings and continued creation of the laws, and he says the invoice is shaping as much as assist farmers with protections via insurance coverage, biofuel progress, and the latest Waters of the U.S. Rule, which is the end result of a long-anticipated rulemaking course of to outline the geographic attain of the companies’ authority in regulating streams, wetlands and different water our bodies beneath the Clear Waters Act.
“The large issues on the farm invoice, however particularly for Iowa, is protections for our producers via insurance coverage, primary,” Feenstra stated, “Quantity two is ensuring that we proceed to develop biofuels, ethanol and biodiesel, after which additionally that we work on issues like Waters of the U.S. the regulatory points which might be occurring. So these are type of the important thing parts to the farm invoice together with analysis with creating extra added worth to our farming group and conservation.”
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Contact Nick Baur at 641-753-6611 or [email protected].