News News |
Reps. Earl Blumenauer, D-Ore., and Ralph Norman, R-S.C., on Thursday introduced the Crop Insurance Transparency Act, a bill that would require USDA to publicly disclose the names of producers and insurers who receive federal crop insurance subsidies and the amount received.
“At time when federal crop insurance payments are at an all-time high it is an abject failure that a majority of our small farmers and ranchers do not even have access to the crop insurance safety net,” said Blumenauer. “Reform begins with accurate, transparent information. I thank Rep. Norman for his partnership on this issue.”
“One-third of all crop insurance subsidies never make it to farmers, but instead go to massive insurance companies,” said Norman.
“For the sake of transparency, it’s time to shed some light on how these funds are utilized. After all, crop insurance ought to benefit our farmers, not the pockets of big insurance companies and their agents.”
Sign up for daily and breaking news headlines.
Livestock & Animals
Farm & Ranch Equipment
Fence Post on Facebook
Fence Post on Twitter
Place a Classified Ad
Do not sell my personal information
Tri-State Livestock News
Fair Cattle Markets
Farmer & Rancher Exchange
©2005 – 2023 Swift Communications, Inc.