NU Online News Service, March 1, 12:44 p.m. EST

Both crop insurers and agents are questioning President Obama's 2013 budget proposals to make cuts to subsidies provided to the industry.

“While the President's recent budget proposals are offered with the claim of “not harming the delivery system,” the proposals instead will have a devastating impact, especially when combined with multiple years of budget cuts,” a group of six trade groups representing crop insurers, agents and reinsurers says in a letter to the members of the House and Senate Agriculture committees.

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