HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Trump is using a Great De...

Thu May 23, 2019, 03:57 PM

 

Trump is using a Great Depression era agency to pay farmers for losses caused by his trade war

USDA is tapping into the Commodity Credit Corp., a federal agency given authority during the Great Depression, to implement the farm aid. However, the Agriculture secretary insisted U.S. tariff revenue would be used to help support the aid program.

“It is using CCC funding,” Perdue said, adding that tariff revenue goes directly into the Treasury. “The president feels very strongly that the tariff revenue is going to be used to support this program, which will come back out and replenish the CCC, as it does every year.”


https://www.cnbc.com/2019/05/23/trump-to-give-16-billion-to-farmers-hurt-by-trade-war-sonny-perdue.html

What an asshole.

1 replies, 530 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 1 replies Author Time Post
Reply Trump is using a Great Depression era agency to pay farmers for losses caused by his trade war (Original post)
riverine May 2019 OP
abqtommy May 2019 #1

Response to riverine (Original post)

Thu May 23, 2019, 04:19 PM

1. This is the socialism that the rech wing

so strongly criticizes!

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread