A better way to provide farmers with financial security while reducing the cost to taxpayers

Lugar, Richard
October 2007
Hill;10/2/2007, Vol. 14 Issue 114, p36
The article provides information about a proposed legislative bill that would provide an alternative safety net for all farmers in the U.S. According to the author, each farmer would receive either expanded county-based crop insurance policies that would cover 85% of expected crop revenue or 80% of a farm's five-year average adjusted gross revenue. Meanwhile, the proposal is important because savings from these reforms will allow legislators to provide new investments to assist farmers.


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