Budget Would Cut Insurance
Chris Clayton DTN Ag Policy Editor
Tue Mar 4, 2014 04:13 PM CST

DALLAS (DTN) -- President Barack Obama's proposed budget for the 2015 fiscal year cuts payments to crop-insurance companies despite restrictions placed on such changes in the new farm bill.

In a conference call Tuesday with reporters, Agriculture Secretary Tom Vilsack outlined the president's budget priorities for USDA. The budget is a reflection of administration wishes and often lands in Congress with a "dead on arrival" label as a result.

Congress restricted USDA's ability to negotiate budget cuts in crop insurance as part of the farm bill signed by President Obama last month. Congress effectively established that such cuts are the ...

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