Cut the taxpayer share of crop insurance premiums to 50 percent
What the document says“At a minimum, taxpayers should not pay more than 50 percent of the premium.”
The chapter states that taxpayers cover about 60 percent of the premium cost for policies bought in the federal crop insurance program, calls reducing that one of the most widely supported and bipartisan reforms, and says taxpayers should not pay more than the farmers who benefit.
What the document actually says“At a minimum, taxpayers should not pay more than 50 percent of the premium.”
Right now taxpayers pay most of this cost. They should pay no more than half.
Farmers buy insurance for their crops. Taxpayers pay most of the cost. The book says they should pay half at most.
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