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Farmers could see another round of cuts to crop subsidies under recent proposed changes to the Federal Crop Insurance Program (FCIP). Estimated cuts over the past 10 years total $12 billion. Senate legislation includes a provision for establishing a means test for crop insurance payments, but the provision was not included in a recent report by the House Agricultural Committee. Under the Senate’s proposed amendment, premiums would rise 15 percent for farmers with incomes of more than $750,000.

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