Exhibit 652 · GAO report
Crop Insurance: Savings Would Result from Program Changes and Greater Use of Data Mining (GAO-12-256)
would have saved up to $1 billion in crop insurance program costs in 2011
A $40,000 limit on premium subsidies per farmer, as for other farm programs, would have saved up to $1 billion in 2011 and affected up to 3.9 percent of participating farmers, who accounted for about one-third of premium subsidies. A 10-point cut for all farmers would have saved about $1.2 billion. USDA did not agree that Congress should consider limiting premium subsidies; GAO said limits remain appropriate when farm income is at a record high.
- Source
- U.S. Government Accountability Office
- Date
- March 2012
- Quoted from
- Highlights, p. 2 of PDF
- Grade
- Primary record
- Document
- https://www.gao.gov/assets/gao-12-256.pdf
- Accessed
- 2026-11-09
- Cited by
- Findings citing this exhibit