Crop insurance coverage aids continue grow

Establishing dad Benjamin Franklin was spot-on nearly 3 centuries earlier when he kept in mind– in print, no less– that 2 inevitable truths of life were death and taxes.

Had Actually Ben remained in the “Almanack” company today, he may include 2, more modern-day truths of American life to his list: farmers and ranchers’ growing reliance on crop insurance coverage and the growing taxpayer issues about the increasing expense of that reliance.

Congress’s non-partisan guard dog, the Federal Government Responsibility Workplace, put difficult numbers on the extensive usage of today’s federal crop insurance coverage program, its increasing expenses, and where the majority of the federal aids end up. The findings were stunning to taxpayers who, like nearly every American outdoors working farmers and ranchers, have no idea of the program’s development, functions, and expenses.

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