Agent Groups Join NCIS Criticism Of Crop Insurance Program Cuts
Agent associations have joined the National Crop Insurance Services’ (NCIS) criticisms of the Obama administration’s decision to cut the federal crop insurance program by $6 billion over the next 10 years. Two national agent associations said today that the cuts could have negative effects on the future of the program. The U.S. Department of Agriculture said last week that $2 billion of the planned cuts will be used to “strengthen successful, targeted risk management and conservation programs,” and the remaining $4 billion will go to reduce the national deficit.