OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Hoeven: Highway Bill to Restore $3 Billion Cut in Crop Insurance Made in Budget Agreement

Press Release

Date: Dec. 2, 2015
Location: Washington, D.C
Issues: Entitlements and the Safety Net Agriculture and Food

Senator John Hoeven announced that the new five-year highway bill Congress is on track to pass this week restores $3 billion that was cut from crop insurance in the budget agreement completed in October. Hoeven worked as a member of the Agriculture Committee to reverse efforts to further cut crop insurance funding, which has already been reduced by $12 billion since 2008.

"This is an important provision for our farmers and ranchers in North Dakota and across the country," Hoeven said. "We worked very hard to get a long-term farm bill that provides our producers with good options for managing risk with strengthened crop insurance. At the same time, we saved $23 billion dollars to help reduce the deficit. Farmers and ranchers need the certainty of knowing there is a safety net in place when they make the large investments necessary to continue producing quality, affordable food for the nation and the world."

BREAK IN TRANSCRIPT


Source
arrow_upward