Cut Crop Insurance Subsidy by $40 Billion, Say Fiscal Conservatives

By | March 5, 2013

  • March 6, 2013 at 2:05 pm
    Agent says:
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    The Federal Government actually pays farmers to not grow crops in order to keep prices high. They subsidize corn for ethanol production. If I were in charge, I would cut the Agriculture Dept budget in half just like several other departments and agencies. It is all very corrupt and the country cannot afford all the waste they generate.

  • March 6, 2013 at 3:57 pm
    boonedoggle says:
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    Why not get the government out of the crop insurance business? Throughout the last election cycle about all we heard from the agricultural focused “red states” was to cut welfare payments and privatize social benefit programs. Wouldn’t eliminating government involvement in crop insurance be a step toward accomplishing both of those objectives?

    • March 7, 2013 at 9:46 am
      Agent says:
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      Get the government out of the crop insurance business?? That is not likely to happen with lobbying of large corporate farms that make sure they grease the palms of lawmakers. They get every kind of subsidy known to modern man to benefit their operation. One could make the same argument about Flood Insurance which has been a disaster since it started. The question is whether the private market has the capacity to handle the very large claims that result from time to time.

  • March 6, 2013 at 6:13 pm
    alan place says:
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    So the farmer(he is also large taxpayer) pays 40 cents for each dollar of coverage. What other government program does the recipient pay any of the cost. Food Stamps-NO Public welfare-NO
    The crop insurance program as made the gov. a profit 7 out of the last 10years No disaster payments to farmers even through the worst drought since the 1930’s because of insurance!!! How about cutting some aid to foreign countries?



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