House to vote on farm bill cuts to crop insurance
House to vote on cuts to crop insurance as part of wide-ranging farm bill
WASHINGTON (AP) -- The House is preparing to vote on whether to cut federally-subsidized crop insurance that helps farmers when they lose crops or revenue.
The amendment by Wisconsin Rep. Ron Kind would limit government help for crop insurance paid to wealthy farmers and also limit the subsidies the government gives crop insurance companies.
The amendment is one of several votes expected Thursday on the five-year, half-trillion-dollar farm bill. Supporters of the bill are rushing to try and complete the legislation Thursday, though it isn't certain whether they have the votes for passage.
Kind and other Democrats say the bill should cut more from farm subsidies like crop insurance and less from food stamps, which would take a $2 billion hit in the bill.
