You are here:HomeIssuesCrop Insurance2016President Obama Proposes $18 Billion Cut to Crop Insurance

President Obama Proposes $18 Billion Cut to Crop Insurance

Once again, President Obama is seeking to cut funds from the federal crop insurance program—this time, by $18 billion over ten years.. The proposal is part of the president’s Fiscal Year 2017 spending plan that he sent to Congress on February 9.
February 18, 2016

Once again, President Obama is seeking to cut funds from the federal crop insurance program—this time, by $18 billion over ten years.. The proposal is part of the president’s Fiscal Year 2017 spending plan that he sent to Congress on February 9.

This proposal would undo provisions in the 2014 Farm Bill that made crop insurance the centerpiece of the farm safety net. This latest attempt by the White House to cut crop insurance comes just two months after Congress rejected another Administration attempt to do so.

Just two months ago, PIA National led a grassroots campaign which succeeded in getting Congress to reverse a proposed $3 billion cut to the budget of the Federal Crop Insurance Program (FCIP), which had been secretly added to a deal to raise the federal debt limit. When this came to light, PIA members inundated Congress with messages urging that the cut be reversed, which Congress did.

“PIA is disheartened that President Obama, who applauded the 2014 Farm Bill and signed it into law, is now attempting to undermine one of its key provisions through his budget proposal,” said Jon Gentile, PIA national vice president of government relations, in remarks to BestWeek. “The President has made similar proposals in the past, beginning with a budget proposal to cut crop insurance funding in 2015, just one month after he signed the Farm Bill. Fortunately, his proposals to cut crop insurance have been rejected by Congress. PIA urges Congress to continue to reject such proposals.”

Filed under: