Friday, July 13, 2012

House Panel Balks at Senate Crop Insurance Reforms..

The U.S. House Agriculture Committee challenged two crop insurance reforms approved by the Senate, creating another farm-bill dispute with time running out to enact the new law. Besides disagreeing on crop insurance, the House would increase crop price supports by up to 40 percent while the Senate would end the subsidies. And the House would cut four times as much money as the Senate from food stamps for the poor. Read more...

(Ref: Insurance Journal, July 12, 2012)

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