Posts Tagged "farm subsidies 2020"

Trump 2020 Budget to Lower Crop Subsidies for Insurance Premiums

President Trump’s newly released budget for 2020 includes a 15 percent funding drop for the Department of Agriculture. The plan would trim the USDA budget by $3.6 billion to $20.8 billion, lowering subsidies for crop insurance premiums to 48 percent from 62 percent, and limiting subsidies for growers who make less than $500,000 annually. The president is seeking one of…read more →