Trump making plans to send billions in cash bailouts to farmers with taxpayer money

The Trump administration is planning to roll out the first tranche of bailout payments for farmers in the coming weeks, likely using billions of dollars in funding from an internal USDA account, according to three people with direct knowledge of the matter.

But it won’t be enough: USDA’s Commodity Credit Corporation fund — which President Donald Trump previously tapped to provide $28 billion in farm aid during his first-term trade war with China — has just $4 billion left in the account. Trump officials, including those at the Treasury Department, are looking at how to tap tariff receipts or other funding to supplement the payments without triggering a messy fight in Congress.

The timing of the actual aid rollout is also tricky given that it’s unlikely to happen or even be possible during the ongoing government shutdown that’s shuttered vast swaths of the Agriculture Department.

Trump officials are still working on estimates of how big the first tranche of aid will be, according to the three people, who were granted anonymity to share private details. But the president has been posting his promises to aid American soybean farmers on social media in recent days.

Hill Republicans have been pushing Agriculture Secretary Brooke Rollins and other Trump officials for weeks to do something to aid farmers reeling from high input costs and the president’s tariffs, which have cut off American soybean farmers’ key markets in China as Beijing retaliates.

Trump has said he would use tariff revenue to provide cash bailouts to farmers, but Congress would likely need to vote to authorize such a move, triggering a major fight between Republicans and Democrats amid already dire government spending conversations.

GOP lawmakers could also move to refill the internal USDA fund in their government funding fight later this fall, but that too will be a battle with Democrats.

Hill Republicans have been quietly working on their own proposal to find additional funding for the farm bailouts, according to four other people with direct knowledge of the matter. Some Republicans estimate they will eventually need to provide $35 billion to $50 billion in aid to farmers hit by Trump’s tariffs.

You still pay for that.
You still pay for part d, which increased 4 times this year...
My part G has doubled (medigap)
Yet I got 2% this year...
My self funded pension, after 40 years is headed to insolvency..
And I’m one of the lucky ones!!!
Start a conversation with retirees, you will be shocked

Oh I have no illusions about China, they engaged in the likes of Industrial espionage the world had never seen. Yet our politicians allowed it to happen for the last 40 years with no consequences and got paid off in the process. They never honored patents or intellectual property laws, i.e. they never paid any licensing fees or royalties on stolen ideas and technologies.

The total financialization of our manufacturing economy is also the total fault of the Government and Trade Policy. We totally enabled the trade policies and now it’s way too late to anything about it. Those manufacturing jobs will not come back to the U.S. unless this country does a 180 Degree pivot back to pure Capitalism which means getting rid of a broad number of rules and regulations that are the products of Progressive Politics going back 80 years, and that will not happen.

So what is the endgame, well we are a failing empire that had a short lifespan, roughly 85 years, we are being defeated from the inside by our Debt and Deficit which cannot be be controlled due to corruption on a massive scale in D. C..

Sooner rather than later we will Default on the Debt and the government will collapse, chances are the country will spilt up into several counties and that will be the end of the U.S.. Our future as a viable country is shaky at best.

Trump has become the War President as that is the last gasp to find a way out of the Financial Mess we are in and it will fail.

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