Washington, D.C. — The four Republicans who represent Iowa in the US House have voted to approve the bill that implements President Trump’s priorities, including an extension of the tax cuts he signed into law in 2017. Fourth district Congressman Randy Feenstra of Hull gave a speech on the House floor early Thursday morning.
Feenstra says the bill will virtually eliminate the estate tax by permanently raising the amount someone can inherit — without paying federal taxes — to $15 million.
The bill phases out tax credits for wind and solar production — a move US Energy Secretary Chris Wright says removes distortions in the market and will unleash energy production that works without subsidies. Iowa’s three other representatives in the US House posted video messages online about the bill. Third district Congressman Zach Nunn of Bondurant recorded his just as the sun was rising Thursday.
Second district Congresswoman Ashley Hinson of Marion is emphasizing the new tax provisions in the bill.
First district Congresswoman Mariannette Miller-Meeks of Davenport says she’s delighted House Republicans were able to get the bill across the finish line and to the president’s desk by July 4th.
The House sent the bill to President Trump on a 218–214 vote.
