John Thune: “Rural America is in a serious economic crisis. We have a price disaster and, for reasons beyond the producers' control…”

“Rural America is in a serious economic crisis. We have a price disaster and, for reasons beyond the producers' control, prices are at historically low levels today. The House took historic action to bring relief to farmers and ranchers by reducing debt taxes, restoring income averaging, allowing deductions for health care, and refunds due to loss carryback provisions. We have done it at the same time that we have made a commitment, an historic commitment, to save Social Security. Despite the opposition of our liberal friends on the other side, the group that keeps its promises has dedicated $1.4 trillion of projected surplus to save Social Security and hard-working Americans will get a break. Mr. Speaker, this is a good day's work, indeed.”