Editorial

Defeating COVID-19 includes reconnecting unemployed Americans. Before the pandemic, America’s economy was thriving. Workers at the bottom of the income ladder were seeing the largest wage gains in recent history. Two principle achievements from the last 25 years - the 2017 Tax Cuts and Jobs Act and the 1996 Welfare Reform Act - ensured Americans benefitted from hard work.

Nebraska is a biofuels powerhouse the second and third largest producer of ethanol and corn, respectively, in the country. With 25 active ethanol plants and a capacity of more than 2.5 billion gallons, the importance of biofuels to our state economy cannot be understated. Biodiesel production in Nebraska has seen exponential growth as well. Thanks to innovation and technological developments, biodiesel grown 25 million gallons in 2004 to 2.9 billion gallons in 2019.

Getting Americans back to work has been one of the primary challenges facing our nation since the COVID-19 pandemic began nearly one year ago. While the employment situation varies widely from state to state, ensuring every unemployed American can reconnect with work must be a top priority. In Nebraska we are fortunate to have an unemployment rate of just 3%, making us one of 18 states that have an unemployment rate below 5%. Other states which have had more restrictive lockdowns are seeing much higher rates of unemployment.

Budget reconciliation is a longstanding tool intended to provide an expedited track for making changes to federal law relating to long-term budgeting. The primary purpose of reconciliation is to allow budget-related policies to pass through the Senate with a simple majority, without the need to reach a 60- vote majority to end debate. It has been used regularly under majorities in both parties to change tax policy, enact spending cuts, and to implement policies like welfare reform.