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Senate to debate crop insurance cuts in farm bill

The Senate is debating cuts to the federally subsidized crop insurance program as it considers a massive farm bill this week. The Obama administration said Monday it wants to see more cuts to crop insurance and farm subsidies in the legislation, which would cost almost $100 billion a year over five years and would set policy for farm programs and food aid. The bill would cut about $2.4 billion annually from overall farm spending. But it would still expand federally subsidized crop insurance and raise some subsidies for rice and peanut farmers. The White House did not specify how large a cut it was seeking. Almost $80 billion of the annual cost of the bill is for domestic food aid, with most of the rest of the money split between farm subsidies, federal help for crop insurance and programs to protect environmentally sensitive land. The government spent an estimated $15.8 billion on the program for the 2012 crop year after a drought destroyed many crops, up from $9.4 billion in 2011. The...

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  10. Vilsack to stay on as agriculture secretary

    Agriculture Secretary Tom Vilsack will keep his job in President Obama's second term.USDA communications director Matt Paul said Monday that Obama asked Vilsack to s...

  11. Lawmakers push one-year extension of farm bill in bid to avert spike in milk prices

    The leaders in both parties on the House and Senate Agriculture committees have agreed to a one-year extension of the 2008 farm bill that expired in October, a move ...

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  1. Feds: Budget cuts to make wildfire season tougher

    The U.S. is heading into a tough wildfire season made even more challenging because budget cuts mean fewer firefighters to battle blazes, Interior Secretary Sally Je...

  2. Canada disapproves new meat labeling rules

    Canada said Thursday that it is considering retaliatory measures against the United States in a dispute over meat-labeling rules that Ottawa and the World Trade Orga...

  3. Obama Works to Boost Biofuel Industry

    Agriculture Secretary Tom Vilsack on the White House working to boost the biofuel industry, while the EPA proposes greenhouse-gas emissions associated with biofuel production.

  4. Sen. Coburn urges USDA to nix wine-tasting 'getaways' amid sequester warnings

    Instead of furloughing meat inspectors, why not cancel the wine-tasting getaway in California? Sen. Tom Coburn, R-Okla., posed that question this week to Agriculture...

  5. Ag secretary: NM horse slaughter plant should open

    Agriculture Secretary Tom Vilsack says the southern New Mexico plant that has been fighting for more than a year for permission to slaughter horses will open soon, u...

  6. Agriculture Secretary: I Don’t Expect Dramatic Increase in Food Prices

    Secretary of Agriculture Tom Vilsack on the impact of the drought on food prices and efforts to get the Farm Bill passed.

  7. Agriculture Secretary Calls on Congress to Act on Farm Bill

    U.S. Agriculture Secretary Tom Vilsack weighs in on the Farm Bill and how the ongoing drought in the Midwest will impact food prices.

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