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
The drought in California is causing saltwater to intrude deep into the Sacramento-San Joaquin Delta. Water managers are constructing a rock barrier to prevent salt from affecting drinking water for millions of Californians.
(AP) - The drought that's gripping California is beginning to reshape the landscaping industry. Gov. Jerry Brown is calling for Californians to remove 50 million square feet of turf to save water.
California water regulators are praising some Sacramento-San Joaquin Delta farmers for coming up with a program to voluntarily cut water use.
(AP) - A deadly parasite is thriving in the drought, infecting all the juvenile chinook salmon in the Klamath River in Northern California as they prepare to migrate to the ocean.
The State Water Resources Control Board is considering whether to allow some farmers in the Sacramento-San Joaquin Delta to voluntarily cut back their water use. In exchange, they want the board to agree not to curtail their remaining water.