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Trump Announces $12B In Farm Subsidies

 

By Mona Austin 

Pres. Trump says he will use tariff relief to bail out farmers. The Farmer Bridge Assistance Program is a $12 Billion package.  He said Biden bankrupcies rose to 55 percent under Pres. Biden. Agriculture Secretary Brooke Rollins said thus is an inital step to help struggling farmers and mjre will come in the future.

Trump made the announcement after a round table with farmers from around the country. POTUS said he told Chinese President xi:

“Our soybeans are more nutrituous”

POTUS said,  "Maximizing domestic farm production is a big part of how we will make America affordable again and bring down grocery prices..."

Virginia soybean farmer John CNN Boyd said Black fatmers werw ledt outnif the meeting and the Trump adminiatration has yet to deliver funds prpmised for the month of October, which they attributed to the shut down.

Brooke Rollins, Head of the Dept. of Education said the aource of fundinv will.not be tariffs.  "We are using CCC funds, so we have set aside 12 billion. We had to, kind of, you know, move some things around, but we've got that 12 billion set aside. 11 billion, announced today, 1 billion we're holding back for specialty crops, but as the President said today, he's open to more."

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