Crop Insurance Undercut by Budget Deal
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Crop Insurance Undercut by Budget Deal Jonathan Coppess, Agricultural Policy Specialist - University of Illinois
The federal government is expected to vote on the budget deal, maybe as soon as today. If it goes through unchanged one of the safety net programs for agriculture, crop insurance, will most definitely fall to the axe says University of Illinois Ag Policy Specialist Jonathan Coppess.
Coppess :11 …getting changes at this hour is an uphill climb.
Quote Summary - I’ve heard that this saves about three billion dollars and that it is part of a big budget package. Getting changes at this hour is an uphill climb.
Coppess is in Washington, D.C. today. He says the deal would not eliminate crop insurance, but might force premiums higher, and shrink the number of places capable of providing it.