NU Online News Service, May 17, 12:20 p.m. EDT
WASHINGTON–Officials from the crop insurance industry are voicing opposition to a proposal by an Iowa State University professor that the current system be replaced with a direct subsidy program.
In testimony Friday before the House Agriculture Committee at a hearing on the proposed 2012 farm bill, Professor Bruce Babcock proposed the direct subsidy program as less costly than the current system.
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