PIA to Congress: Stand By Pledge to Reverse Crop Cuts
PIA together with scores of coalition partners is sending a clear message to Congress: stand by your commitment to reverse cuts to the federal crop insurance program.
On October 30, Congress passed and the president subsequently signed a budget deal to raise the nation’s debt limit. Part of the deal, which had been negotiated in secret between President Obama and former House Speaker John Boehner, included a severe cut of $3 billion to the federal crop insurance program. When this came to light, PIA members inundated Congress with messages urging that no cuts be made to the crop insurance program. House and Senate leaders pledged publicly to reverse the cuts to the crop insurance program in the appropriations measure to fund the federal government (“the omnibus”), which Congress must pass by December 11.
“PIA thanks the House and Senate leadership for quickly responding to the calls from their constituents by pledging to reverse the cuts to the crop insurance program,” said PIA National Vice President of Government Relations Jon Gentile. He added that now, PIA is continuing to work with its allies to hold congressional leadership to their word.
What It Means to Agents: Crop insurance has already contributed more than $12 billion to reducing government spending since the 2008 Farm Bill. The alternative to crop insurance is often ad hoc disaster assistance—which is not delivered in a timely manner, is paid entirely by the taxpayer, and does not provide the confidence needed by lenders to provide farmers with capital. PIA urges Congress to uphold the promise to make the crop insurance program whole again.
Broad Coalition Urges Congress to Uphold Crop Insurance Promises (Midwest AG Journal 11/30/15)
Crop Insurers Quit Market Ahead of Cuts (Business Insurance 11/27/15)
Coalition Letter to Congress (11/24/15)