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

[riverine]

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.

[abqtommy]

1. This is the socialism that the rech wing

so strongly criticizes!