(The Center Square) – The U.S. Department of Agriculture provided $2.3 billion in debt assistance to distressed farmers, a new report shows. The debt relief was part of the $3.1 billion appropriated under the Inflation Reduction Act of 2022.
Farm Service Agency officials say they are using $250 million of the remaining funds to assist about 4,600 additional borrowers.
Those same officials said that the agency would consider using the remaining estimated balance of nearly $300 million for those distressed by natural disasters.
The Government Accountability Office published the report evaluating the U.S….
