HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Even some White House off...

Mon Sep 9, 2019, 08:09 PM

Even some White House officials are balking at Trump's unprecedented $28 billion farm bailout


Even some White House officials are balking at Trump's unprecedented $28 billion farm bailout
Kerry Eleveld
Daily Kos Staff
Monday September 09, 2019 · 6:39 PM EDT


Donald Trump's trade war with China has so devastated American farmers that the administration's bailout to try ease their pain has ballooned to an epic $28 billion, and now even some White House officials are balking at the figure.

Last year, the U.S. Department of Agriculture used a New Deal-era vehicle to authorize an initial $12 billion in bailout funding, and this year the agency added another $16 billion. The monies are being distributed through the Commodity Credit Corporation (CCC), which has never been used to deliver such large sums for such an expansive program. Even the White House Budget Office reportedly requested further legal grounding for the funding after the USDA sent its request for the second round of allotments. USDA attorneys have signed off on the second installment, according to The Washington Post.

Naturally, Trump sees no problem with the massive bailout and has also tweeted that he would "do it again next year if necessary!” White House aides are also pressuring Congress to raise the $30 billion legal limit on what can be distributed through the CCC program. Whether Congress ultimately does that remains to be seen.

But legal issues aside, the bailout is being distributed in the shoddiest fashion possible, because Trump doesn't do any work unless it's shoddy and/or illegal. “They’re doing it really fast and shorthanded,” a former USDA official told the Post. “The agencies implementing it are stretched thin, and there’s immense political pressure to get the money out quick.” So far, about $11 billion of the first pot of money has gone out the door and another $2 billion of the second pot has been distributed.

more...

https://www.dailykos.com/stories/2019/9/9/1884484/-Even-some-White-House-officials-are-balking-at-Trump-s-unprecedented-28-billion-farm-bail-out

6 replies, 587 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 6 replies Author Time Post
Reply Even some White House officials are balking at Trump's unprecedented $28 billion farm bailout (Original post)
babylonsister Monday OP
Vinca Monday #1
Nictuku Monday #2
hatrack Monday #3
lunasun Monday #4
Xolodno Monday #5
Andy823 Monday #6

Response to babylonsister (Original post)

Mon Sep 9, 2019, 08:12 PM

1. I should have one of my cats apply for a bailout. They'd probably get it.

Their crop? Hairballs. Lots and lots of hairballs.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to babylonsister (Original post)

Mon Sep 9, 2019, 08:41 PM

2. When there is chaos, it is easier to steal

Reply to this post

Back to top Alert abuse Link here Permalink


Response to babylonsister (Original post)

Mon Sep 9, 2019, 09:01 PM

3. Yes, and many of them will soon be fearlessly providing anonymous quotes to reporters . . .

As they continue to aid and abet the criminal slime they serve.

That'll be really . . . . exciting to read about, I'm sure.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to babylonsister (Original post)

Mon Sep 9, 2019, 09:18 PM

4. Trump vote rebates have come in

Basically a lot of this rebate is my tax $$ bribing farmers to heavily go trump again 2020

Reply to this post

Back to top Alert abuse Link here Permalink


Response to babylonsister (Original post)

Mon Sep 9, 2019, 09:46 PM

5. One of our "cat grass" plants didn't grow.

...and I was planning on planting some tomatoes, but the cost of a planter was too high at Lowe's. So I should apply for a bailout.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to babylonsister (Original post)

Mon Sep 9, 2019, 09:49 PM

6. And we all know

Those who get the most money are the large corporations, not the average farmer. I have read stories about how little the average farmer gets, while the big ag farms clean up. It's all another giveaway to the corporations and his rich buddies.

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread