Reinforcements for farm aid
Story Date: 9/9/2020

SOURCE: POLITICO, 9/8/20

The Trump administration is expected to roll out another round of farm stimulus programs this week, even though the Agriculture Department has yet to distribute the full $16 billion in direct payments for producers stung by supply chain disruptions. (USDA has paid farmers at least $9.4 billion so far.)


— Congress plans to authorize billions more in agricultural aid as part of a broader economic rescue package that might finally come together this month, though there’s still no clear path forward. Lawmakers will also need to extend funding for USDA and other agencies to prevent a shutdown when the new fiscal year begins Oct. 1.

— As part of that stopgap bill, the White House has once again asked Congress to provide flexibility for USDA to keep farm payments flowing through the Commodity Credit Corporation, which otherwise would soon run into its $30 billion borrowing limit.
























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