Last week, the Big “I” and other industry groups, sent a letter to the U.S. Department of Agriculture and the acting director of the Office of Management and Budget, urging them to oppose any cuts to the Federal Crop Insurance Program.
The goal of the caucus is to educate members of Congress and staff on the critical role the Federal Crop Insurance Program plays in protecting America’s farmland and farm communities.
The budget proposal includes $26 billion in cuts to the FCIP and proposed means-testing for the NFIP.
Earlier this week, the Big “I” joined a long list of insurance, commodity, farm, environmental and lending groups in sending two letters opposing cuts to the Federal Crop Insurance Program during this year’s budget process.
On Wednesday, Congress approved a five-year Farm Bill, which President Trump has indicated he intends to sign.
The current Farm Bill expired on Sept. 30, leaving several agricultural, environmental and nutrition programs and initiatives in potential limbo.
As the dust settles on the 2018 midterm election, agents across the country may be wondering how the new balance of power in Congress will affect their businesses.
The Farm Bill expired on Sunday, Sept. 30, leaving several agricultural, environmental and nutrition programs and initiatives in limbo.
In June, the U.S. House of Representatives and the U.S. Senate passed differing versions of the Farm Bill. Neither bill contains cuts to the Federal Crop Insurance Program.
Even though both the House and Senate have passed a Farm Bill supportive of crop insurance, the bills significantly differ on several contentious issues.
