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Vilsack: USDA may take step-by-step approach to ag debt relief

08/24/22 12:57 PM By Philip Brasher
KEYWORDS Agriculture Department farm debt relief farm economy farm loans federal workforce HBCUs Inflation Reduction Act minority farmers minority serving colleges and universities public health emergency usda
Some farmers could face foreclosure on USDA loans as soon as this fall, so the department may begin providing some newly authorized debt relief through a phased-in approach in order to address the immediate need for help, Agriculture Secretary Tom Vilsack says.
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Philip Brasher
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