House Passes $383 million US Drought Aid Bill for Ranchers

 Wednesday, August 8, 2012

 Insurance Journal

The U.S. House of Representatives passed a $383 million disaster relief bill on Thursday that provides political shelter for lawmakers during the worst drought in half a century, but may not release the aid for months to come. Nearly two-thirds of the continental United States, including prime ranch and farm territory, is in the grip of drought and lawmakers were under pressure to help livestock producers under siege from soaring feed prices.
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