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Trump says he's providing a $13 billion bailout to farmers as he seeks support from rural voters ahead of November

Posted On: Sep 18, 2020   |   Posted By: Business Insider

Trump says he's providing a $13 billion bailout to farmers as he seeks support from rural voters ahead of November

Summary List Placement President Donald Trump announced he was providing a $13 billion bailout for farmers late on Thursday as he sought to strengthen his rural support ahead of November.
The funds are the latest federal aid that's gone to assist farmers struggling with the fallout of the pandemic and the lingering effects of the president's trade wars.
"I'm proud to announce that I'm doing even more to support Wisconsin farmers," Trump said, adding it would be directed to help dairy and ginseng farmers.
Farmers received $19 billion from the CARES Act that Congress and Trump approved in March. The pandemic overturned the traditional supply chain, leaving farmers with a glut of agricultural goods as the nation's restaurants and schools closed their doors earlier this year.

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