Flake, Duncan, Shaheen move to eliminate subsidies to farm bill’s taxpayer-funded profit-guarantee program
The Harvest Price Subsidy Prohibition Act is also supported by Heritage Action, the R Street Institute, the American Enterprise Institute, FreedomWorks, the National Taxpayers Union, Campaign for Liberty, Taxpayers Protection Alliance, Center for Individual Freedom, Coalition to Reduce Spending, Less Government, Taxpayers for Common Sense, Club for Growth and the Environmental Working Group.
…“The R Street Institute welcomes the introduction of the Harvest Price Subsidy Prohibition Act. Federal crop insurance payments repeatedly cost far more than projected, and this bill will go a long way toward securing vital protections for the American taxpayer, while still allowing reasonable protections for farmers who rely on the system as their main source of support. We praise Representative Duncan and Senator Flake for their leadership on this important issue, and encourage their colleagues to both support this measure and to continue to look for ways to limit taxpayer exposure by shifting more risk into the private market.” — R Street Institute