Lucas and Peterson Strongly Defend Crop Insurance During House Farm Bill DebateThu, 20 Jun 2013 06:16:47 CDT
One of critical debates on the floor of the US House as members consider the five year farm bill of 2013 was over crop insurance. Wisconsin Democrat Ron Kind offered an amendment that would attach multiple strings to crop insurance, including the limitation of premium subsidies for crop insurance to $50,000 per operator, an elimination of any premium subsidy being allowed to producers who have an AGI of more than $250,000 and would restrict rate of return levels to 12% maximum for companies selling crop insurance using the federal subsidies.
A strong defense was offered for crop insurance being left alone by several members of the House Ag Committee, including the Chairman and the ranking member of the Committee. We have this overview of the day's action on the floor of the House- spotlighting the crop insurance battle and offering the comments of both Frank Lucas and Collin Peterson as they pushed back on the claims made by Wisconsin lawmaker Ron Kind.
Click on the LISTEN BAR below to listen to that overview. CLick her to jump over to our web story for full audio with all Congressmen involved.
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