Duncan Introduces Bill to Reform Crop Insurance Program | Congressman John J. Duncan, Jr.
Time to end welfare to corporations like Monsanto.Washington, D.C. – Congressman John J. Duncan, Jr. (R-TN) today joined with United States Senator Jeff Flake (R-AZ) to introduce the Crop Insurance Subsidy Reduction Act (H.R. 943), which would significantly reduce the amount of taxpayer dollars used to subsidize crop insurance.
H.R. 943 returns federal crop insurance premium subsidies to their pre-Agriculture Risk Protection Act (ARPA) levels. ARPA was passed in 2000 and raised the taxpayer portion of crop insurance premiums to 62% from 37%.