GAO floats capping crop insurance premium subsidies

April 2012
Western Farm Press Exclusive Insight;4/17/2012, p4
The article cites a U.S. Government Accountability Office (GAO) report proposing a cap on crop insurance premium subsidies. The GAO projects annual savings of up to 1 billion dollars on a 40,000-dollar cap on crop insurance premium subsidies. GAO also urges more aggressive U.S. Department of Agriculture monitoring for fraud and abuse in the program. Statements on the issue given by Representative Frank Lucas and Farm and Food Agricultural Services acting undersecretary Michael Scuse are cited.


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