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Policy Plate BLOG

Your daily serving of food and farm policy.

New Proposal Pumps Up Crop Insurance Subsidies

Friday, October 11, 2013

A new report released yesterday by EWG and agriculture economist Bruce Babcock finds that a new proposal to increase crop insurance subsidies could cost far more than advertised.

If the Supplemental Coverage Option (SCO) had been in place in 2012, government spending ion crop insurance would have increased by nearly $7 billion.

See the full report here.

Table Scraps:

Read more about the proposed Supplemental Coverage Option and EWG’s analysis in Reuters, Politico, and The Gazette.

Tweet of the Day: @RSI An open letter to the United States Congress: Support efforts to curb crop insurance subsidies! http://j.mp/GRKa5z 

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