Rappeport writes: "The U.S. Government Accountability Office is opening a review of President Donald Trump's billion bailout for farmers harmed by his trade war amid allegations that the money was mismanaged and allocated unfairly."
Sen. Debbie Stabenow, D-Mich. (photo: Mac Snyder/MLive.com)
GAO to Investigate Trump's Farm Bailout Program
17 February 20
he U.S. Government Accountability Office is opening a review of President Donald Trump’s $28 billion bailout for farmers harmed by his trade war amid allegations that the money was mismanaged and allocated unfairly.
The investigation came at the request of Sen. Debbie Stabenow, D-Mich., who has been vocal in her concern that the aid program was biased, providing more funds to southern states that voted for Trump and favoring large and foreign agriculture companies over small farms.
The Trump administration, which signed an initial trade deal with China last month, said the farm subsidies would end this year. The program began in 2018 as a $12 billion effort to mitigate losses for farmers who lost sales or faced retaliatory tariffs from China, the European Union, Canada and Mexico as a result of the trade war. The program grew to $28 billion last year as Trump’s conflict with China festered.
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