miketx
Diamond Member
- Dec 25, 2015
- 121,555
- 70,514
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- Banned
- #81
Fake news.Trump’s is truly a corrupt, dishonest, and failed administration.More corruption from the Trump Swamp...
GAO launches investigation into Trump aid for farmers
The Agriculture Department (USDA) pledged $12 billion in aid in 2018 and an additional $14.5 billion in 2019.
One study found that between disaster aid, trade aid, insurance indemnities and the trade assistance, almost 40 percent of farm income was coming from some sort of aid.
Stabenow raised concerns that the aid distribution was being decided by political considerations, with larger payouts going to Trump-voting red states in the South. She also had questions over whether USDA's methods for dispersing aid were preventing waste, fraud and abuse.
USDA has also taken heat for trade-related aid payments to the subsidiary of a Brazilian corporation under criminal investigation.
Add to that....the bulk of the aid is going to large corporate farms:
Bulk of Trump's U.S. farm aid goes to biggest and wealthiest farmers: advocacy group
More than half of the Trump administration’s $8.4 billion in trade aid payments to U.S. farmers through April was received by the top 10% of recipients, the country’s biggest and most successful farmers, a study by an advocacy group showed on Tuesday.
Highlighting an uneven distribution of the bailout, which was designed to help offset effects of the U.S.-China trade war, the Environmental Working Group said the top 1% of aid recipients received an average of more than $180,000 while the bottom 80% were paid less than $5,000 in aid.
Trump Hails New Farm Aid Billions As Report Reveals Money Helps Wealthy, Southerners | HuffPost
Figures show that 95% of top payment rates are going to farmers in the South, even though they have been less affected by the trade war with China, and that significant payments have been made to wealthy farmers and foreign corporations, the report noted.
Five Southern states receive the highest payments per acre under the program — Georgia, Mississippi, Alabama, Tennessee, and Arkansas. All voted for Trump, all but Georgia voted overwhelmingly for him. The analysis determined that farmers in the Midwest and Northern Plains have been hurt the most by the trade war.
The report accused the Agriculture Department of doing nothing to direct aid to struggling small and medium farms, and farmers just starting out. Instead, the agency doubled payment limits, directing even more money to large, wealthy farming partnerships. The report also lashed the aid program for making commodity purchases from foreign-owned agricultural conglomerates, including $90 million paid to a subsidiary of Brazilian-owned JBS SA.
You said: "Trump’s is truly a corrupt, dishonest, and failed administration."Don't you folks who claim Trump's bad go after him a lot only to find out you were wrong?
And instead of apologizing to President Trump when he is innocent of indecent lies your party invents, you come up with another Orange Made Bad assertion that is phony baloney.
*yawn* This time you don't get to beat up on him. The press is beginning to realize it no longer has a reputation, because all their former audience has their channel changed to Fox News.
Thanks for a nothing false charge just like the last few hundreds of false allegations against Orange Man Bad..
I’m sorry my dear but GAO is a non partisan part of government. That has nothing to do with democrats. We are just bring it up a work of a corrupted disgusting dishonest president.
I know truth hurts. Why should we switch to Fox News? A news media controlled by Trump like a dictator.
Why should we apologize? Trump should apologize for being a hypocrite pathological liar and corrupted to this country.
Trade wars caused a lot of farmers to go bankrupt in 2019 about 20%. Farmers they owned for generations they loss it because of this VERY STUPID very stupid trade wars that they will never get it back.
Companies like Caterpillar or John Deere had to laid off employees because of low or no sales of farming equipments.,
So what happened to the $28 billions ($12b + $18b) bail out?
Do not be surprised if they need another bail out for 2019.
Farm Bankruptcies Rise Again