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Senate Adopts Common Sense Reform to Crop Insurance Subsidies

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For Immediate Release: 
Wednesday, June 20, 2012

Environmental Working Group released this statement on the passage of the Coburn-Durbin amendment to reduce premium subsidies by 15 percent for farm businesses with adjusted gross incomes of more than $750,000.

“Thanks to the leadership of Senators Coburn and Durbin, the Senate today adopted a common sense reform to our crop insurance subsidies that will help level the playing field for family farmers. We applaud the senators for their efforts to place reasonable limits on crop insurance, which has become the primary safety net for farmers, that will simply require the largest and most profitable farm businesses to share a fair share of their risk protection costs with the taxpayer,” said Scott Faber, vice president of government affairs.