Crop Insurance and Wealthy Individuals

December 2, 2013

1 Min Read
Crop Insurance and Wealthy Individuals

Congressmen Ron Kind (D-WI), Rosa DeLauro (D-CT), and Earl Blumenauer (D-OR) are requesting the Government Accountability Office (GAO) review crop insurance payments to determine what amount goes to wealthy individuals.  In a letter to the GAO, the members said, “These subsidies overwhelmingly flow to the largest and most successful farm businesses.  Unlike other farm subsidies, crop insurance subsidies are not subject to means testing or payment limits, and farmers are not required to adopt basic environmental protections in exchange for premium support from the taxpayer.”

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