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
High school football concussions, tax relief on home loan modifications, and homeowners association watering requirements – all subjects of bills signed Monday by California Gov. Jerry Brown.
California has approved tough new water restrictions, but how they’ll be enforced depends on where you live.
Many people living in small Central Valley communities in California are watching their wells run dry. US Agriculture Secretary Tom Vilsack announced more federal aid to help those hurt by the drought.
AP - U.S. Agriculture Secretary announced drought aid to help rural Californians.
Conserving water might have a negative financial affect on some California water agencies.