National Farmers Union (NFU) President, Rob Larew released the following statement in response to the USDA issuing information on critical new debt relief programs. These programs will help distressed borrowers holding Farm Service Agency (FSA) loans and are primarily funded through the Inflation Reduction Act (IRA). “Let’s be clear – this debt relief is going to help keep family farms in business, not just for this generation but for generations to come,” Larew said. “It’s promising to see how USDA is implementing provisions of the Inflation Reduction Act that will help thousands of distressed loan borrowers. [This] announcement is the...
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