AG POLICY NEWS
Senate Backs Insurance AGI Cap
Chris Clayton DTN Ag Policy Editor
Thu May 23, 2013 04:02 PM CDT

OMAHA (DTN) -- Larger farmers would have to pay higher crop-insurance premiums under an amendment added to the Senate version of the farm bill on Thursday.

Repeating a provision they introduced last year, Sen. Dick Durbin, D-Ill., and Sen. Tom Coburn, R-Okla., got senators to back a plan that would lower the premium subsidy for farmers making more than $750,000 adjusted gross income. The vote was 59-33 despite opposition from leaders on the Senate Agriculture Committee.

Senators spent most of Thursday afternoon debating crop-insurance amendments before shutting down debate on the farm bill until they return from a break on ...

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