Latest draft of crop insurance agreement cuts $6 billion, invests in deficit reduction and CRP
The U.S. Department of Agriculture released the third and final draft of a new agreement with the nation’s crop insurance industry today, which includes $6 billion in cuts. About $4 billion of those savings will be directed to deficit reduction, while the remaining $2 billion will be invested in expansion of the Pasture, Rangeland, and […]
Final draft crop insurance agreement
Aiming to reform the federal crop insurance program, reduce the federal deficit, and maximize taxpayer dollars, the USDA has released the final draft of a new crop insurance agreement and, as a result, $6 billion in savings. Two-thirds of the savings will go toward paying down the federal deficit, and the remaining third will support high […]