OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Shaheen, Flake Introduce Crop Insurance Reform Bill with $24 Billion in Savings

Press Release

Date: Nov. 6, 2015
Location: Washington, D.C
Issues: Entitlements and the Safety Net Taxes Agriculture and Food

U.S. Sens. Jeanne Shaheen (D-N.H.) and Jeff Flake (R-Ariz.) yesterday introduced S. 2244, the Assisting Family Farmers through Insurance Reform Measures (AFFIRM) Act, a bipartisan bill that would reform the current crop insurance system to save taxpayers about $24.4 billion over the next 10 years. A companion bill was also introduced in the House of Representatives by Reps. Ron Kind (D-Wis.) and Jim Sensenbrenner (R-Wis.).

"The costs of this program are skyrocketing unnecessarily," said Shaheen. "We can ensure protections for farmers without putting taxpayers on the hook for excessive subsidies to insurance companies and large agri-businesses that don't need the help. We are proposing common-sense reforms that will save taxpayers billions of dollars, and Congress ought to act on this bipartisan proposal."


Source
arrow_upward