Dire Emergency Supplemental Appropriations Act, 1988

Dire Emergency Supplemental Appropriations Act, 1988 - Title I: Program Supplementals - Directs the Secretary of Agriculture to delay or forego foreclosure of Government loans, suspend payments of principal and interest, and make adjustments, on a case by case basis, to prevent bankruptcy or foreclosure due to the drought. Instructs the Secretary to request other creditors to make comparable adjustments.

Appropriates FY 1988 supplemental funds to the Department of Agriculture for: (1) salaries and expenses of the Agricultural Stabilization and Conservation Service; and (2) watershed and flood prevention operations of the Soil Conservation Service. Derives the additional funds in both cases through fund transfers.

Makes FY 1988 supplemental appropriations to the Department of Defense-Civil for emergency activities of the Army Corps of Engineers-Civil in connection with drought relief in the Mississippi River Basin. Directs the Secretary of the Army, through the Chief of Engineers, to undertake specific activities in this connection.

Makes FY 1988 supplemental appropriations to the Department of Labor's Employment and Training Administration for State unemployment insurance and employment service operations. Makes this additional amount available for obligation from July 1, 1988, through June 30, 1989.

Transfers funds from the Employment Security Administration's revolving fund as advances to the Black Lung Disability Trust Fund and for trade adjustment assistance.

Transfers from the Business Loan and Investment Fund additional FY 1988 appropriations for salaries and expenses of the Small Business Administration. Limits FY 1988 outlays resulting from the use of these funds.

Transfers monies from various funds within the Department of Transportation to provide supplemental FY 1988 appropriations to pay operating expenses of the Coast Guard. Makes these additional amounts available through FY 1989.

Appropriates supplemental FY 1988 funds to the Department of Justice for the following activities associated with the Mariel Cuban prisoner riots: (1) legal activities in support of U.S. prisoners; (2) salaries and expenses of the Community Relations Service and of the Federal Prison System; and (3) buildings and facilities, specifically authorizing use of the funds for reconstruction of Federal Prison Industries plants.

Title II: General Provisions - Prohibits obligation beyond FY 1988 of any funds appropriated in this Act.