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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump to Provide $12 Billion in Aid to Farmers. Critics Cry 'Welfare!'
The Trump administration is offering $12 billion in emergency aid to American farmers who have been hurt by the presidents escalating trade war with China and other countries.
This is a short-term solution that will give President Trump and his administration the time to work on long-term trade deals, said Agriculture Secretary Sonny Perdue.
Speaking at an event in Kansas City Tuesday, Trump said that farmers will be the biggest beneficiary of his efforts to secure more favorable trade deals. On Tuesday morning, the president tweeted:
How it will work: The plan, reportedly in the works for months, has three parts.
It will provide direct financial assistance for producers of soybeans, sorghum, corn, wheat, cotton, pork and dairy.
It will rely on the Department of Agricultures authority to stabilize the farm economy by buying excess supply. Fruit, nuts, rice, beef, pork and dairy products bought from farmers will be redistributed to federal nutrition assistance programs, according to Politico.
A trade promotion program will work to find new markets for U.S. agricultural products.
The package of programs is authorized under the Depression-era Commodity Credit Corporation Charter Act, according to Agriculture Secretary Sonny Perdue, and thus does not require approval from Congress. The plan will take effect around Labor Day, with the $12 billion total calculated to match the estimated $11 billion of economic damage that retaliatory tariffs will inflict on U.S. farmers, officials told The Washington Post.
The response: Lawmakers, business groups and farmers have opposed the presidents tariffs, and while some in the GOP backed the aid plan, a number of Republican free-trade proponents criticized it harshly and expressed concern that access to markets lost under Trumps trade war wont be restored.
This is becoming more and more like a Soviet-type of economy here: Commissars deciding whos going to be granted waivers, commissars in the administration figuring out how theyre going to sprinkle around benefits, said Sen. Ron Johnson (R-WI).
https://www.msn.com/en-us/news/politics/trump-to-provide-dollar12-billion-in-aid-to-farmers-critics-cry-welfare/ar-AAAmNJN?li=BBnb7Kz
underpants
(182,604 posts)They're getting Federal money
procon
(15,805 posts)So, if the rationale is giving government welfare money to Big Ag helps them, then why isn't giving government welfare money to poor folks also justified in helping them?
krispos42
(49,445 posts)...to prop up the farmers, then NOT give it to needy poor people because socialism is... bad?
I don't know what the hell he's thinking.
I don't know he's thinking.
Nobody knows he's thinking.
chelsea0011
(10,115 posts)6 times. He creates a friggin problem that never had to happen and now wants to bail out his friggin problem by creating another friggin problem.
Ferrets are Cool
(21,102 posts)tariffs, but I am also going to have to pay for those who are "hurt" by those tariffs.
TheCowsCameHome
(40,167 posts)Watch them gobble up the $$$ and then vote for Trump again.
C_U_L8R
(44,987 posts)still_one
(92,061 posts)billion.
That I s what the headlines me should read
and that will come either through increased taxes or cutting essentially services
Demonaut
(8,914 posts)coming
Yavin4
(35,421 posts)Riiiiiggghhhhtttt.
OhioBlue
(5,126 posts)I mean, you can't just buy a cow and give it to someone on SNAP.
The food has to be processed, packaged, stored, shipped and distributed. How are they going to do this?