In the News

GOP senators propose subsidy boost for buy-up crop insurance

Agriculture, Crop Insurance, Farm Bill, In The News, | In The News

Apr 10, 2024 | 50 sec read | Print Article

This article by Philip Brasher first appeared in Agri-Pulse on April 10, 2024

Please visit Agri-Pulse for the full article.

Some Republicans on the Senate Agriculture Committee are calling for increasing premium subsidies for crop insurance policies that will cover up to 85% of a farmer’s revenue risk without jeopardizing their eligibility for farm bill commodity programs.

Joshua Sewell, director of research and policy for Taxpayers for Common Sense, said it would be irresponsible for Congress to increase premium subsidies “when we’re trying to enforce fiscal restraint in other parts of the farm bill.” The cost of the increase should at least be offset by cuts to other farm programs, he said.