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babylonsister

(171,057 posts)
Mon Sep 9, 2019, 08:09 PM Sep 2019

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
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Even some White House officials are balking at Trump's unprecedented $28 billion farm bailout (Original Post) babylonsister Sep 2019 OP
I should have one of my cats apply for a bailout. They'd probably get it. Vinca Sep 2019 #1
When there is chaos, it is easier to steal Nictuku Sep 2019 #2
Yes, and many of them will soon be fearlessly providing anonymous quotes to reporters . . . hatrack Sep 2019 #3
Trump vote rebates have come in lunasun Sep 2019 #4
One of our "cat grass" plants didn't grow. Xolodno Sep 2019 #5
And we all know Andy823 Sep 2019 #6

Vinca

(50,269 posts)
1. I should have one of my cats apply for a bailout. They'd probably get it.
Mon Sep 9, 2019, 08:12 PM
Sep 2019

Their crop? Hairballs. Lots and lots of hairballs.

hatrack

(59,584 posts)
3. Yes, and many of them will soon be fearlessly providing anonymous quotes to reporters . . .
Mon Sep 9, 2019, 09:01 PM
Sep 2019

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

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

lunasun

(21,646 posts)
4. Trump vote rebates have come in
Mon Sep 9, 2019, 09:18 PM
Sep 2019

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

Xolodno

(6,390 posts)
5. One of our "cat grass" plants didn't grow.
Mon Sep 9, 2019, 09:46 PM
Sep 2019

...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.

Andy823

(11,495 posts)
6. And we all know
Mon Sep 9, 2019, 09:49 PM
Sep 2019

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.

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