Senator Chuck Grassley Is Applying For A Federal Farm Bailout Again
Iowa Republican Senator Chuck Grassley applied for federal agricultural assistance for the second time in less than eight months, as the trade war has driven thousands of farmers in his home state to the limit of their credit lines, according to the Des Moines Register.
The undisclosed amount will be channeled to the politician's 750-acre farm in northeast Iowa, which he manages alongside his son. The incentive is part of a 14.5 billion assistance package Trump pledged to farmers as trade tensions with Beijing virtually closed China’s market for American agricultural producers.
Grassley also requested federal money in October of last year, after the president announced his first $12 billion round of agricultural subsidies.
Direct payments under the latest round of incentives are calculated based on a given farm’s acres of production and will be sent in three installments, the first of which will be dispatched in July, according to the U.S. Department of Agriculture.
"As a family farmer who experiences the same processes with the federal government after downturns like other farmers in Iowa, Sen. Grassley brings firsthand knowledge and experience on behalf of agriculture and rural America to the policy-making tables in Washington," said a spokesperson for the Senator.