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Cory Booker unveils plan to fight big ag mergers amid rural opportunity plan rollout

Added 12-06-19 05:04:03pm EST - “The U.S. senator from New Jersey is in the middle of a four-day swing through Iowa.” - News.yahoo.com

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Posted By TheNewsCommenter: From News.yahoo.com: “Cory Booker unveils plan to fight big ag mergers amid rural opportunity plan rollout”. Below is an excerpt from the article.

DES MOINES — Democratic presidential candidate Cory Booker introduced his plan Friday to build “wealth and opportunity” in rural America during a campaign swing through Iowa. 

The U.S. senator from New Jersey said, if he were president, he would spend $2 trillion on infrastructure, stop the consolidation of large agricultural companies and make broadband accessible to low-income families in rural areas. 

Booker said he would concentrate the spending in rural areas, spending on new methods of public transit that’s currently inadequate, for example. Specifically, a Booker administration would test community-controlled ride-share programs to make rural transit more accessible. 

As president, he would push passage of a bill he introduced in the Senate to put a moratorium on acquisitions that include large agricultural businesses. The measure would also establish a commission to examine the market concentration in the agricultural economy and recommend regulatory changes.

Booker is among the several 2020 Democrats who’ve said they plan to fight agricultural consolidation as president. In a news release, his campaign noted that Iowa has lost farms over the past five years while the number of farms with more than 2,000 acres has increased.

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