πŸ‡ΊπŸ‡Έ

Trump's Budget Proposes Cutting Farmer Subsidies

Credit: Wochit News
Published on March 11, 2019 - Duration: 00:45s

Trump's Budget Proposes Cutting Farmer Subsidies

President Donald Trump released his 2020 budget on Monday, which includes a proposed 15 percent cut for the U.S. Department of Agriculture.

Reuters reports the budget called the USDA's subsidies to farmers β€œoverly generous." Trump requested $20.8 billion for the USDA, which is a cut of $3.6 billion from the 2019 estimate.

Along with proposing reduced premium subsidies for crop insurance, it also proposes limiting the number of producers who would be eligible and limiting commodity payment limits.

The document reads, β€œThe budget also proposes that USDA responsibly and efficiently use taxpayer resources by making targeted reforms to duplicative programs and overly generous subsidy programs."

Advertisement

Trump's Budget Proposes Cutting Farmer Subsidies

A MARCH 6, 2019, PHOTO

You are here

Recent related videos from verified sources

Trump touts farm aid to offset trade war woes 01:00
Credit: Reuters - Politics - Published 1 day ago 

Trump Announces $1.6 Billion Increase In Budget For NASA's Moon And Mars Missions 00:39
Credit: Geo Beats - Published 2 weeks ago 

Trump Says He 'Updated' Budget To Include $18 Million For Special Olympics 00:43
Credit: Geo Beats - Published 2 weeks ago 

Trump's Campaign And It's Main Target Demographic 00:47
Credit: Wochit - Published on April 16, 2019 

Proposed Education Budget Cuts You May Not Like 01:25
Credit: Celebrity Wire - Published on March 30, 2019 

President Trump announced he's backing off of his budget request to cut funding for Special Olympics 02:46
Credit: WKBW Buffalo - Published on March 28, 2019 

Castro Says Trump Budget Slashes Health Care for Tax Cuts 02:09
Credit: Newsy Studio - Published on March 28, 2019 

U.S. Lawmakers Reject Trump's Budget 00:50
Credit: Wochit - Published on March 27, 2019 

You might like