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House Democrats Cave on Farm Bailout Money

September 17, 2019 · 6:35 am ET · Leave a Comment

“House Democrats, amid a backlash from moderates, are backing away from a plan to block President Trump from extending new farm bailout funds,” the Washington Post reports.

“The shift comes days after Democrats had sought to prevent the White House from expanding a major component of their farm bailout plan, which the White House has estimated could cost close to $30 billion. Trump had authorized the bailout funds in response to an outcry from farmers who claimed they were caught in the middle of his trade war with China. Democrats are likely to include legislation that would expedite payment of these funds as part of a must-pass spending bill as soon as this week.”

Economy

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