Agriculture

As our nation celebrates Independence Day, the grocery bill for cookouts and picnics is hitting the budgets of American families harder this year. The American Farm Bureau Federation calculated U.S. consumers are paying 17 percent more for standard Fourth of July fixings than last year. Furthermore, soaring gas prices are limiting summer vacation plans and travel. It's not just holiday expenses: American families are feeling the pain caused by the Biden administration's failed policies every single day. Costs are up across the board.

The importance of a strong agriculture economy to the state of Nebraska and our entire nation cannot be overstated. Often overlooked in policy conversations, the products supplied by farmers and ranchers are fundamental to fueling our lives, filling our plates, putting shirts on our backs, and so much more. Yet, American ag producers currently face a bevy of historic crises which threaten their livelihoods and the long-term health of our economy.

American families across the country are grappling with increasing costs and economic uncertainty. Last week, the Consumer Price Index confirmed costs of household items, energy, and services have risen by more than 8 percent, on average, over the last 12 months. Consumers are tightening their budgets, purchasing less, choosing generic groceries more, and often going without.

National Agriculture Week provides a great opportunity to recognize the strength and resiliency of Nebraska's agriculture producers. The Third District is the nation's leading congressional district in both total number of farms and market value of products sold. Nebraskans' dedication and ingenuity are second to none; however, all Americans are currently facing historic inflation. Rising costs, especially when it comes to fertilizer and fuel, are hitting the agriculture community particularly hard.

According to the National Association of Manufacturers, the average U.S. firm spends the equivalent of 21 percent of its payroll every year just to comply with government regulations. For context, the average manufacturing worker in the United States makes nearly $65,000 per year according to the U.S. Census Bureau and pays an estimated 15.2% of their income back out in federal, state, and local taxes. If Congress attempted to double taxes on working families, it would be front page news.

The greatness of the United States stems not just from the political and religious freedom protected by our Constitution, but also the economic freedom it protects, ensuring individuals have the greatest possible opportunity to benefit from their hard work, ingenuity, and perseverance. Our state was built by homesteaders who were given the opportunity to build farms, businesses, and communities, earning the land they worked on through sweat equity. The hardworking people of Nebraska, and the communities where they work together, are what makes our state so great.