The Office of Management and Budget (OMB) today released a proposed Fiscal Year 2021 budget that includes steep cuts to the Department of Agriculture and\u00a0federal\u00a0crop insurance.<\/p>\n
The American Association of Crop Insurers, Crop Insurance and Reinsurance Bureau, Crop Insurance Professionals Association, Independent Insurance Agents and Brokers of America, National Association of Professional Insurance Agents, and National Crop Insurance Services released the following joint statement in response:<\/p>\n
\u201cLast year brought unprecedented challenges for rural America. Even now, farmers and ranchers across the country are dealing with the lingering consequences of weather events that destroyed fields and ruined crops. And there looks to be no reprieve from the ongoing rural recession: The USDA estimates that farm cash flow will tighten this year, dropping more than $10 billion, or 9 percent, from 2019.<\/p>\n
\u201cThe federal crop insurance program reacted quickly and efficiently to keep many farmers afloat during this difficult time. It\u2019s no wonder then that the nation\u2019s farm organizations teamed up in late 2019 to ask Congress to reject any attempts to cut crop insurance and weaken the farm safety net when it\u2019s needed most.<\/p>\n
\u201cIt\u2019s inexplicable as to why OMB would target such a critical risk-management tool for budget cuts. The proposed cuts will make crop insurance unaffordable and unavailable for farmers, seriously undermining the farm safety net.<\/p>\n
\u201cThe crop insurance program works for farmers and taxpayers alike:<\/p>\n
\u201cThankfully, for the sake of America\u2019s struggling farmers and ranchers, OMB\u2019s budget is sure to be rejected by Congress. We urge the White House and Congress to support America\u2019s farmers and ranchers by protecting and strengthening crop insurance.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
The Office of Management and Budget (OMB) today released a proposed Fiscal Year 2021 budget that includes steep cuts to the Department of Agriculture and\u00a0federal\u00a0crop insurance. The American Association of […]<\/p>\n","protected":false},"author":22,"featured_media":11216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32,35,36,25],"tags":[],"class_list":["post-11215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-farm-policy","category-industry-insight","category-legislation","category-whats-cropping-up"],"yoast_head":"\n