White House announces more drought assistance efforts

President Obama met with his White House Rural Council to discuss new initiatives for dealing with the drought.

Al Jarand

Published: Aug 8, 2012

Following the meeting, the White House announced several new measures the Administration is implementing to help those impacted by the drought, including providing additional assistance for livestock and crop producers, increasing the capacity for lending to small businesses, and waiving certain requirements on trucks helping to provide relief.

Emergency Livestock Aid: To assist producers facing extreme drought conditions, USDA announced Tuesday that it will utilize nearly $16 million in financial and technical assistance to immediately help crop and livestock producers in 19 states cope with the adverse impacts of the historic drought. In addition, USDA will initiate a transfer of $14 million in unobligated program funds into the Emergency Conservation Program.

National Credit Union Administration: Allowing an additional 1,000 Credit Unions to increase their lending to small businesses: The National Credit Union Administration will announce that more than 1,000 credit unions are eligible for a low-income designation, which permits unlimited lending to small business owners including farmers.

Department of Transportation: This authority can put more commercial drivers behind the wheel—driving large trucks needed to assist the farmers and ranchers in need. If a qualifying drought emergency has been declared in a state by the Governor or appropriate official, the state automatically gets Hours of Service and other regulatory relief for those providing emergency assistance; no application is needed.

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