Options To Reduce The Budgetary Costs Of The Federal Crop Insurance Program
from the Congressional Budget Office
The federal crop insurance program, which helps protect agricultural producers from losses due to low crop yields or lower-than-expected crop prices, is one of the largest support programs for those producers. It cost the federal government $5 billion in 2016 and an average of nearly $9 billion annually over the past five years. Policymakers have faced questions about how to reduce those costs while maintaining appropriate support for agricultural producers.
Source: http://econintersect.com/pages/contributors/contributor.php?post=201801060546
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