Crop insurance subsidies cost taxpayers $15.8 billion last year. Who is getting most of that money?
Some 250 amendments to the Farm Bill are sitting in the Senate. Most won’t make it into the Farm Bill, but some will. Call your senators and let them know which ones you prefer.
The 980-page Farm Bill of 2012 covers a lot of topics – loans, insurance, conservation, and forestry, just to name a few. One topic that has people talking is crop insurance. When direct payments for farmers (which have gone disproportionately to the wealthiest farmers) were removed from the bill, crop insurance was changed to make up for it. It’s costing more for the taxpayer without improving outcomes.
The Farm Bill passed out of Senate committee last week and soon it will come to a vote on the Senate floor. It’s not too late to let your Senators know what you think of the bill. Here’s a summary of some of the things included in the 2012 Farm Bill.