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 City of Sacramento Department of Utilities reports Friday that city water customers saved more than one-billion gallons of water last month.
California's economy will see modest growth in 2015, with jobs in home building being a bright spot, and the drought having slight impact, according to the latest University of the Pacific's latest Business Forecast.
It appears messages about the need for water conservation are beginning to get through to Californians.
There’s been a drilling frenzy for water in the San Joaquin Valley during the drought. And it’s evident in the number of well permits issued by eight Central Valley counties. Capital Public Radio obtained the data from each county.
(AP) — The 6.0-magnitude earthquake in Northern California on August 24 is credited for shaking loose at least 200,000 gallons of groundwater a day, filling dry creek beds and parched streams.