USDA announces nearly $14 billion in record farm payouts as subsidies near 30% of net income
The U.S. Department of Agriculture announced a near $14 billion payout through two farmer safety‑net programs as subsidies are projected to exceed 30% of net farm income.
The U.S. Department of Agriculture announced a record near $14 billion payout through two farmer safety net programs. Those record payments come as farm subsidies are projected to top 30% of net farm income, and it is not the first time the Trump administration has announced record amounts of taxpayer funding to America’s farmers.