President Barack Obama on Monday proposed a $3.99 trillion budget for fiscal year 2016 that sets up a battle with Republicans over programs to boost the middle class that are funded by higher taxes on corporations and wealthy Americans. The …
U.S. farmers and bankers have almost a year to get ready for major changes in 2015 as crop insurance rather than direct cash payments to producers becomes the centerpiece of farm policy under the five-year farm bill signed by President …
Rural groups say they’ll fight a proposed $100 million-a-year cut in crop insurance subsidies, a measure that has won the support of both houses of Congress and could be a test of agriculture’s influence in Washington. The House of Representatives …
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 …
U.S. Senators Jeanne Shaheen, D-N.H., and Pat Toomey, R-Pa. are urging the Senate to support their bipartisan amendment to end what they say are excessive federal crop insurance subsidies for large American farming operations. The Shaheen-Toomey amendment would cap crop …
A cap on crop insurance premium subsidies could save the federal government up to $1 billion a year, according to a government report. If a limit of $40,000 had been applied to individual farmers’ crop insurance premium subsidies, as it …
