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Record crop insurance payout stirs subsidy debate

March 23, 2013
By DAVID PITT , THE ASSOCIATED PRESS

DES MOINES - Farmers will be paid a record $16 billion in crop insurance claims for 2012 because of the widespread drought, a staggering amount that has critics calling for changes to what they say is an inefficient taxpayer subsidy the government cannot afford.

 
 
 

 

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