The money is intended to help farmers, farm workers and rural communities.
Mr. Obama held a roundtable in Firebaugh, about 45 minutes west of Fresno. Valley Public Radio's Rebecca Plevin spoke with a fourth-generation farmer there today and says money isn't enough.
"They don’t need financial aid right now; what they need is water. And he says that in the short term, they need to start pumping water from the Delta; and in the long term, they really need more water storage," reports Plevin.
The President is also visiting a farm in Los Banos this afternoon.
Joining him on the trip are California Governor Jerry Brown, U.S. Senators Dianne Feinstein and Barbara Boxer and Congressman Jim Costa.
CapRadio's Drought Coverage
(AP) - A Northern California city has ordered restaurants to cut back on dishwashing by using disposable plates and cups as a way to save water amid the state's fourth year of drought.
Water storage has dwindled at six major reservoirs in California.
(AP) - Residents of the Fresno County city of Clovis will no longer be fined if they use too much water after this month.
Fire restrictions are being lifted in the Tahoe National Forest Tuesday.
The water conservation rate in California fell slightly in August to 27 percent. But state regulators aren’t discouraged by the numbers.