|MDIS Would Reduce Government Costs|
|Written by Administrator|
|Thursday, 12 April 2012 15:03|
FOR IMMEDIATE RELEASE Contact: Melisa Augusto, 202-314-3191
Tony Jarboe, 202-314-3104
MDIS Would Reduce Government Costs Without Sacrificing Risk Management
WASHINGTON (April 12, 2012) – National Farmers Union (NFU) issued the following statement after the Government Accountability Office (GAO) released a report recommending that Congress consider capping premium subsidies for farmers, or reducing support for premiums across the board, or both:
“NFU is supportive of the idea that farm program support be directed to family farmers, and we must remember that the main purpose of farm programs is to help these farmers during difficult times, when prices collapse or when disaster strikes.
“NFU policy calls for a $75,000-per-individual limitation on the cumulative value of all federal premium subsidies for the purchase of ‘buy-up’ crop insurance coverage. The GAO report uses a much smaller cap on premium subsidies, but the concept of limiting support of crop insurance programs is worth further consideration.