From Illinois extension on farm bill:
Spending on Farmers: Commodities and Crop Insurance
The main components of the support system for commodity farmers are the farm programs in Title I of the Farm Bill and crop insurance. The information from CBO in Table 1 indicates that farm programs are currently on track to spend roughly $13 billion more than forecast in 2014. At the same time, the outlays for crop insurance are expected to be $11 billion less. Chart 4 provides a comparison of the outlays as projected in 2014 with outlays as reported and updated by CBO. Again year 1 corresponds to crop year 2014 and fiscal year 2016 for farm programs, but fiscal and crop years match for crop insurance.
No comments:
Post a Comment