U.S. says farmers could get cash aid by October but will not be made whole
I live in Nebraska. This is going to go over like the proverbial lead fart.
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U.S. says farmers could get cash aid by October but will not be made whole
BUENOS AIRES (Reuters) - U.S. farmers could receive cash payments from a planned $12 billion aid package as soon as late September, U.S. Agriculture Secretary Sonny Perdue told Reuters on Saturday, warning that the program will not make tariff-hit farmers whole.
Perdue said in an interview on the sidelines of the G20 meeting of agriculture ministers in Buenos Aires that the plan would include between $7 billion and $8 billion in direct cash relief.
U.S. growers are expected to take an $11 billion hit due to retaliatory tariffs after Washington placed duties on Chinese goods.
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The aid plan, a response to retaliatory trade measures on U.S. farm exports, is intended only for the current crop cycle, he said. “It’s for the 2018 crop. We do not expect to do this over a period of time,” Perdue said.
https://www.reuters.com/article/us-g20-argentina-usa/u-s-says-farmers-co...
This is a Pro-Trump state, but the small farmers cannot afford this. It will be interesting to see how this shakes out.

Comments
Saving the farmers with good ol' socialism....
Trump is such a horse's ass.
"Religion is what keeps the poor from murdering the rich."--Napoleon
farmers have been on welfare since the
end of the great depression.
that they fail to understand this is one of the most disheartening facts of american politics.
The earth is a multibillion-year-old sphere.
The Nazis killed millions of Jews.
On 9/11/01 a Boeing 757 (AA77) flew into the Pentagon.
AGCC is happening.
If you cannot accept these facts, I cannot fake an interest in any of your opinions.
Yep.
The big corporate farms are making a killing off subsidies.
EDIT: atr/are
I'm tired of this back-slapping "Isn't humanity neat?" bullshit. We're a virus with shoes, okay? That's all we are. - Bill Hicks
Politics is the entertainment branch of industry. - Frank Zappa
Yay. Tax Payers on the hook for Trump Tariff Brainfarts
Trump makes it sound like he's the Savior of the farmers. But the fact is that his Tariffs are blowing up in his and and our faces. Mr Art Of The Bankruptcy is fucking us again.
Donnie The #ShitHole Douchebag. Fake Friend to the Working Class. Real Asshole.