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Breaking News

The Environmental Protection Agency (EPA) and the U.S. Army Corps of Engineers has posted their proposed definition for waters of the U.S. protected under the Clean Water Act (CWA) in the Federal Register on April 21st. That posting now triggers a 90 day public comment period.

Republican lawmakers and a few Senate Democrats criticized the proposal as another example of regulatory overreach when it was unveiled last month. American Farm Bureau Federation (AFBF) President Bob Stallman said the proposal “poses a serious threat to farmers, ranchers and other landowners.” In a statement, he said the exemptions for agriculture included in the proposal “do not protect farmers from federal veto power over pest and weed control, fertilizer application, and other essential farming activities.”   Read More...


As reported in the Wall Street Journal

Anyone wondering why the U.S. economy can't seem to grow at its usual pace should examine one product category where production is booming: federal regulation.  Washington set a new record in 2013 by issuing final rules consuming 26,417 pages in the Federal Register.   Read More...


NAEDA members are invited to send their CFOs to a conference designed justs for the financial professionals of equipment distribution companies.  The AED Foundation Financial Symposium will be held on May 8-9 in Burr Ridge, Ill.  AED is pleased to offer you its reduced AED-member tuition of $895; a $400 discount.   Read More...


A top building trades union is launching a midterm-election assault on House Democrats who oppose construction of the Keystone XL oil pipeline.   Read More...


China's tougher stance on imports of genetically engineered corn is roiling U.S. agribusiness, largely halting trade in the biggest U.S. crop in its fastest growing market. By one industry estimate, exports are down by 85% compared with last year.   Read More...


Eighteen state and national trade associations joined in a Feb. 25 letter to leaders of the Senate Finance Committee objecting to the committee’s proposal to create a new asset pooling system to depreciate business property and repeal like-kind exchange.

The letter to Sen. Ron Wyden (D-Ore.), who recently took over the committee’s chairmanship, and Ranking Member Orrin Hatch (R-Utah) expressed support for tax reform that improves the Internal Revenue Code (IRC) for both corporations and pass-through entities and creates a tax environment conducive to economic growth and investment. However, the letter said the pool scheme, proposed in November 2013 (before Wyden took over the Finance Committee) would create unrealistically lengthy asset recovery periods for business assets that will negatively impact business cash flow and reduce economic growth and job creation.   Read More...


A new study shows proposed changes to the tax code restricting the use of cash accounting by agricultural operations would reduce agriculture's access to capital by as much as $12.1 billion over the next four years.   Read More...


WASHINGTON, Feb. 20, 2014 –USDA today released the preliminary 2012 Census of Agriculture results.  Key findings include an increase in the value of agricultural products sold in the United States totaling $394.6 billion in 2012, up 33 percent ($97.4 billion) from 2007.  The number of farms and land in farms were down slightly, but held steady. Additionally, agriculture is becoming more diverse.   Read More...


Dozens of Republican senators on Tuesday called on the White House to approve the Keystone XL pipeline as foes vowed to risk arrest at protests against the controversial project.   Read More...


The Obama administration on Monday announced it is delaying the employer mandate under ObamaCare until 2016 for some small businesses. This delay in the mandate — the second so far — would only apply to businesses with between 50 and 99 employees, who would have until January 2016 to decide whether to offer insurance to their employees or pay a penalty. Businesses would also be barred from cutting their workers in order to fall under the threshold. The employer mandate, a cornerstone of the healthcare law, was set to take effect in January, but the administration announced in July that companies would have until January of 2015 to comply.   Read More...


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From the NAEDA Office

Phoenix workshop identifies priorities as NAEDA moves toward a new structure and brand

     If you don't like change, your’re going to like irrelevance even less.” This 2003 quote from General EricShinseki, chief of staff, U.S. Army, exemplifies the spirit of NAEDA’s leadership when they amended the association’s bylaws in September 2013. Let’s work together to embrace and initiate change within the association rather than wait and react to external changes.   Read More...


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