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US farmers face 'financial calamity' without extra aid soon, Republican lawmakers say
Lawmakers warn a $30 billion drop in net farm income next year could worsen financial distress despite $40 billion federal payments this year, urging swift aid action.
- Republican lawmakers from agricultural states are urging the Trump administration to provide financial support to farmers before the autumn 2025 harvest season begins.
- This effort comes amid worries about falling net farm income driven by reduced federal aid and depressed agricultural commodity values, challenges that have been intensified by trade disputes and tariff impacts.
- Nearly 500 farmers and insiders packed a northeast Arkansas town hall to warn they may struggle to repay farm loans, while talks with USDA and officials continue about aid.
- Republican Rick Crawford emphasized the importance of providing a clear assurance that funds will be available, while Scott Brown pointed out that loans must be repaid in order to secure future borrowing.
- The federal government expects to spend over $40 billion on farm payments in 2025, the second-highest since 1933, suggesting aid could mitigate potential financial hardship in rural America.
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7 Articles
7 Articles
US farmers face 'financial calamity' without extra aid soon, Republican lawmakers say
As U.S. farmers enter autumn harvest season worried that low crop prices and a trade war could hurt their livelihoods, Republican farm-state lawmakers are urging President Donald Trump's administration to issue economic aid for farmers by year's end.
·United Kingdom
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Congressmen are in negotiations with the Department of Agriculture for new aid
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Total News Sources7
Leaning Left1Leaning Right0Center5Last UpdatedBias Distribution83% Center
Bias Distribution
- 83% of the sources are Center
83% Center
L 17%
C 83%
Factuality
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