Harvesting Crop Insurance Profits

Posted : 2014-12-24

A simple fix could save taxpayers $40 billion without damaging the U.S. food supply.

Over the past three years, proposals from the Obama administration and the House Budget Committee to reform the $80 billion-a-year federal crop-insurance program have been defeated by opposition centered in the House and Senate agricultural committees. With the new Congress, Republicans and Democrats who stand for fiscal responsibility have an opportunity to finally implement reforms.

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