Articles by Charles Abbott

House Farm Bill Expands Crop Insurance, Cuts Food Stamps

A Republican-controlled panel in the U.S. House of Representatives on Wednesday approved the biggest cuts in food stamps for the poor in a generation and a potentially expensive expansion of federally subsidized crop insurance. The House Agriculture Committee approved a …

Bill to Expand Crop Insurance Passes Senate Committee

The Senate Agriculture Committee approved a farm bill on Tuesday, costing $500 billion over a decade, that would expand the scope of the federally subsidized crop insurance program and modestly trim spending on food stamps for the poor. The 1,000-page …

Senate Farm Bill Draft Boosts Southern Crop Subsidies

In a concession to Southern lawmakers, the new U.S. farm law would set sharply higher support prices for rice and peanut crops under a draft prepared for a Senate Agriculture Committee vote next week and released on Thursday. The $500 …

Congress to Renew Effort on Farm Bill, Insurance Subsidies Next Week

Congress will begin writing a new, $500 billion U.S. farm law next week, the head of the Senate Agriculture Committee said on Tuesday, even as calls mounted for deeper cuts in farm subsidies and food stamp spending. The Senate panel …

Farmers Brace for Crop Insurance Cuts

U.S. farm groups are looking for a formula to lower crop subsidy spending dramatically and end regional infighting ahead of new congressional demands for cuts in a farm bill now costing $10 billion more than planned. Chairman Paul Ryan of …

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

A coalition of fiscal conservatives on Tuesday called for a steep cut in federal subsidies for crop insurance, setting up a clash with U.S. farm groups that see the program as their top priority in a new farm bill. Growers …

Obama Administration Urges Congress to Pass Farm, Crop Insurance Bill

Congress should reform U.S. farm subsidies, and end a $5 billion a year “direct payment,” as part of delivering an overdue overhaul of the farm program this year, Agriculture Secretary Tom Vilsack said on Monday. In a speech to the …

Drought-Ridden Wheat Belt Declared Disaster; Record Crop Insurance Claims Seen

The government declared much of the central and southern U.S. Wheat Belt a natural disaster area on Wednesday due to persistent drought that imperils this year’s winter wheat harvest. In its first disaster declaration of the new year, the Agriculture …

Critics Call for More Cuts in Farm Bill, Crop Insurance

Congress should slash at least $100 billion in costs from the U.S. farm bill – three or four times more than cuts currently proposed – and resist calls for a hurry-up vote this week, a dozen anti-deficit and environmental groups …

Time Running Out for Senate on Farm, Crop Insurance Bill

With a week left to act, agricultural leaders in Congress are still deadlocked on two major issues for a new U.S. farm bill, cuts in crop subsidies and reductions in food stamps, said two of the four key negotiators on …