White Farmers Fight Biden's Race-based Loans

White Farmers Fight Biden's Race-based Loans
(Matt Jones/The Daily Independent via AP)
Like many ranchers who struggled during the novel coronavirus pandemic, Liesl Carpenter would love to have her hefty agricultural loans forgiven by the federal government, but there’s just one problem: She’s the wrong race.

As a White person, Ms. Carpenter is ineligible for the American Rescue Plan’s $4 billion program for “socially disadvantaged” farmers and ranchers, which offers to pay up to 120% of the outstanding balances on direct and guaranteed farm loans, including tax liability.

Read Full Article »


Comment
Show comments Hide Comments


Related Articles