The Build Back Better plan is on the agenda when the Senate returns to Washington D.C. this week. North Dakota Senator Kevin Cramer says the reconciliation package will need to look different from what the House passed earlier this month. “I think it will be pared back.” Cramer says it is not clear all Democratic senators will support the Build Back Better plan. There is an effort to put more money in conservation programs for USDA included. “What might seem like a benign $40 billion increase for conservation could become a similar reduction in farm safety net programs. I’m concerned.” The House’s version of the Build Back Better plan does not include tax changes for farmers and ranchers in the form of stepped-up basis or the estate tax, but Cramer says a wealth tax could return to the table in the Senate.
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