NU Online News Service, Sept. 20, 2:34 p.m. EDT
Crop insurance underwriters and producers are up in arms over a proposal in the Obama administration tax plan that would further reduce crop-insurance subsidies by an estimated $8.3 billion over 10 years.
Tom Zacharias, president of National Crop Insurance Services, Overland Park, Kan., says that "the federal crop-insurance program has already contributed more than $4 billion towards deficit reduction, and $12 billion overall in spending reductions since 2008.
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