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Farmers will get $3.1 billion in USDA loan relief from Biden

Por: CBS News Politics October 19, 2022

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The federal government Tuesday a program that will provide billions of dollars in debt relief for about 36,000 farmers who have fallen behind on loan payments or face foreclosure.The U.S. Department of Agriculture announced the farm loan relief program funded from $3.1 billion set aside in the Inflation Reduction Act allocated toward assisting distressed borrowers of direct or guaranteed loans administered by USDA. The law was passed by Congress... + full article



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