Trump’s farmer bailout is now twice as big as the auto bailout as Trump begs rural America not to leave him: report

When the president’s trade war began to hurt rural America, he used a huge chunk of his budget to issue a $28 billion bailout, which is twice of what the government loaned to the big three automakers. In the case of the automakers, the funds were paid back with interest and they did it earlier than expected. Farmers are not expected to pay back the government.

Bloomberg reported Monday that farmers caught up in Trump’s trade war have come to rely on the government’s bailouts to keep their farms alive when China isn’t purchasing their crop.

Article URL : https://www.rawstory.com/2019/09/trumps-farmer-bailout-is-now-twice-as-big-as-the-auto-bailout-as-trump-begs-rural-america-not-to-leave-him-report/

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