date:Jun 07, 2012
iculture.com in an email message today, We are watching the AGI [adjusted gross income] limit on crop insurance. Durbin and Coburn will offer that instead of a $40,000 payment limit, I think. They will probably say something like someone who has more than $750,000 in AGI has to pay 10% more for crop insurance. Nothing official yet.
This was just part of the opening volley in the farm bill debate. Amendments won't be offered until Thursday, when the Senate may vote, perhaps around noon EDT, on cl