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Tuesday, August 07, 2012

Obama orders additional drought-relief measures

President Obama told the Agriculture Department today to authorize another $30 million to help crop and livestock producers damaged by the nation's worst drought in 50 years, and announced some other steps intended to mitigate the drought's impact, including a program to help commercial truck drivers make deliveries to drought-stricken areas.

Obama said the Small Business Administration "is working with other government agencies to connect even more eligible farmers, ranchers and businesses with low-interest emergency loans as well as counseling and workforce programs," and "The National Credit Union Administration is allowing an additional 1,000 credit unions to increase lending to small businesses."

The president said the White House is actively soliciting other ideas for drought relief. also called on Congress, which just started a five-week recess, to pass a Farm Bill with drought relief. "That's the single best way to help rural communities both in the short term and in the long term," he said. For the White House's drought "fact sheet," click here.

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