Farm Credit Statement on Infrastructure Proposal from Senate Democrats

Senate Democrats unveiled a $1 trillion infrastructure plan Wednesday that would rollback the recently passed Republican tax cuts to pay for the improvements they argue are needed for the country.

The Senate Democrats’ Jobs & Infrastructure Plan for America’s Workers would invest a little more than $1 trillion into improving infrastructure in the United States, including setting aside $140 billion to repair roads and bridges, $115 billion to modernize water and sewer infrastructure and $50 billion to rebuild schools and $40 billion to improve airports and airspace.

President and CEO of the Farm Credit Council Todd Van Hoose, made the following statement on the infrastructure plan released today by Senate Democrats.

“Farm Credit appreciates the infrastructure proposal today from Senate Democrats, particularly its strong focus on rural infrastructure. Thankfully the need to support rural communities, help them attract and keep jobs and keep American agriculture as a leader in the world is a bipartisan issue.

“Through the Rebuild Rural Coalition, we have had warm receptions from Ranking Member Stabenow’s and Carper’s staff. They understand the unique challenges of rural infrastructure, and that is borne out in today’s proposal.

“We look forward to working with Congress and the White House on this vitally important opportunity to improve the quality of life for rural Americans and the communities in which they live.”

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