Trump offers $8B bailout to farmers facing record-high diesel prices

President Donald Trump announced an $8 billion aid package for farmers dealing with record-high diesel prices, just two weeks before the midterm elections.

Trump offers $8B bailout to farmers facing record-high diesel prices

TL;DR

  • President Donald Trump announced an $8 billion aid package for farmers.
  • The package is intended to help farmers cope with record-high diesel prices.
  • The Department of Agriculture will administer the $8 billion Harvest Fuel Relief Program.
  • Farmers will receive one-time payments to offset rising fuel and input costs.
  • The announcement was made at a campaign rally in Kansas.
  • The aid package comes two weeks before the midterm elections.