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GOP Budget Bill Boosts Crop Insurance Payouts to Wealthy Corporations, Insurance Middlemen

By Anne Schechinger

Almost $37 billion in federal crop insurance payments went to a small number of insurance companies and agents, a new EWG analysis finds. And the House-passed GOP budget bill and the bill proposed by the Senate could send even more money their way.

The bill would hike those payments in part by slashing billions in food assistance funds, harming millions of hungry people to benefit wealthy companies and relatively few agents. 

The Department of Agriculture’s Crop Insurance Program already pays billions of dollars every year to farmers experiencing reductions in crop yield or revenue. Taxpayers fund much of this.

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Border View Farms is a mid-sized family farm that sits on the Ohio-Michigan border. My name is Nathan. I make and edit all of the videos posted here. I farm with my dad, Mark and uncle, Phil. We also have a part-time employee, Brock. My dad started the farm in 1980. Since then we have grown the operation from just a couple hundred acres to over 3,000. Watch my 500th video for a history of our farm I filmed with my dad.

I started making these videos in the fall of 2019 as a way to help show what I do on a daily basis as a farmer. Agriculture is different from any other industry and I believe the more people that are showing their small piece of agriculture, helps to build our story. We face unique challenges and stressful situations but have some of the most rewarding payoffs in the end. I get to spend everyday doing what I love, raising my kids on the farm, and trying to push our farm to be better every year. I hope that I can address questions or concerns that you might have about farms and agriculture.

I hope you enjoy my content and ask questions as you have them. I do my best to answer anything I can. Thanks for watching!

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