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Joint Letter DearSpeaker 7-24-2012

Joint Letter DearSpeaker 7-24-2012

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Published by Phil Kerpen

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Published by: Phil Kerpen on Jul 24, 2012
Copyright:Attribution Non-commercial


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July 24, 2 Dear SpeWe writetrillion dofilled witfarmers.The challexpand asafety netof the preexpectedthe counttriple, orAgricultuproducerssubsidizehedging,afford tothe manyto bear allThe FedeCommitt
012ker Boehnerurging you tllars worth ospecial intenging, yet poverly-genein the gold-mium costs f 
revenue. Croy in moderatore in 2012re is an inheralready havprogram haorwarding, dail out prodprivate sectothe risks foral Agricultue is not need
,resist specif bad agricultest entitlemeredictable, drrous federallated federalr crop insurp insurance ce to severe d.ently risky bsubsidizedve a multitudiversificatiocers who chr options forany businesse Reform aned to address
l interest callure policy.nts is not neought conditiole in agricucrop insurannce. These post taxpayersought, taxpasiness, and aederal crop ie of private s, contractingse not to pu
managing thsector, incluRisk Manathe current d
s to use the cs you accuraded to addreons across mlture. Agriculce program iolicies allowmore than $yer costs fors you said insurance poliector options, and many ochase subsidir normal buding agricultement Act (rought condi
urrent drougtely noted res the droughuch of the coture alreadywhich taxpbusinesses t11 billion lasthis generousyour July 19cies. Those tavailable fother unsubsidized crop inssiness risk. Ture.ARRM) pastions. In fact,
ht to lock taxently, passint facing manuntry must nhas a more thyers pick upguarantee ut year. Withprogram wil
press confeat do not enmanaging riized options.rance or toaxpayers simsed by the Hnearly 80%
payers into ag a new Farof our natiot be misusean adequate, on average,p to 85% of tore than hall easily be dorence, mostoll in the higsk, includingTaxpayers cvail themselply cannot ause Agricultf the bill’s $
Billn’sto62%heirf of uble,hly
annotes of fordure957

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