Arizona Sen. John McCain ignited an historic debate over crop insurance yesterday when he offered an amendment to the farm bill that would end insurance subsidies to tobacco farmers.
The amendment offered by McCain and Sen. Dianne Feinstein (D-Calif.) would actually end tobacco subsidies.
Like most of us, McCain thought the U.S. stopped subsidizing tobacco after the famed “tobacco” buy-out in 2004. Fact is, between 1995 and 2011, taxpayers gave tobacco farmers another $276 million in crop insurance subsidies – on top of $1.3 billion in other farm subsidies.