Today, U.S. Rep. Ron Kind joined a bipartisan coalition to pass a two-year budget agreement, which eases the burden of sequestration cuts, ensures America will continue to pay our bills on time, and makes much needed reforms to the crop insurance program.
"The people of western and central Wisconsin expect the government to play by the same rules they do, which means ensuring we pay bills on time and having a long-term budget. This two-year budget agreement will bring a measure of certainty to help the economy grow and help ease the negative impact of ongoing indiscriminate cuts to critical areas like education, job training, and Medicare," Rep. Kind stated.
"Additionally, I am pleased this agreement reflects my idea on farm bill reform by making much needed changes to the wasteful crop insurance program. This legislation will lower the profit margin to large insurance companies to 8.9 percent from 14 percent, generating $3 billion in savings for taxpayers. These important reforms not only strike a better deal for taxpayers but will have no out of pocket expense to farmers."
Rep. Kind has been a leading advocate for protecting American taxpayers by reforming wasteful taxpayer subsidy programs to big Agribusiness and instead focusing on the needs of family farmers.
10.29.2015