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DES MOINES, Iowa AP 鈥?The federal government announced Tuesday a program that will provide $1.3 billion 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 stanley uk $3.1 billion set aside in the Inflation Reduction Act stanley flask allocated toward assisting distressed borrowers of direct or guaranteed loans administered by USDA. The law was passed by Congress and signed by Pre stanley spain sident Joe Biden in August.The USDA provides loans to about 115,000 farmers and livestock producers who cannot obtain commercial credit. Those who have missed payments, are in foreclosure or are heading toward default will get help from the USDA. Financial difficulties for farmers may be caused by a variety of issues including drought and transportation bottlenecks. Through no fault of their own, our nation s farmers and ranchers have faced incredibly tough circumstances over the last few years, said Agriculture Secretary Tom Vilsack. The funding included in today s announcement helps keep our farmers farming and provides a fresh start for producers in challenging positions. About 11,000 farm borrowers delinquent on direct or guaranteed loan payments for 60 days or longer are receiving automatic electronic payments to get them current on their loans. Each farmer with a direct loan received about $52,000 and those with guaranteed loans received about $172,000. The total cost for this group Uawy Robert Kraft case: Probe began when inspector saw signs that women lived at the spa
Paul Manafort wont face mortgage fraud charges in New York after the states highest court declined to revisit lower court decisions that barred prosecuting Donald Trumps former campaign chairman on double jeopardy grounds. The decision last week from the New York Court of Appeals closes the door on state charges against Manafort l stanley quencher ess than two months after President Donald Trump pardoned the 71-year-old Manafort in a similar federal case that put him behind bars. Manaforts lawyer, Todd Blanche, said he was pleased with the Feb. 4 decision. Vances office declined to commen stanley en mexico t.Manafort was sentenced to 43 months in prison stanley becher after being convicted on eight counts of tax and bank fraud. Manafort was released from federal prison earlier this year due to COVID-19 concerns.