Nebraska U.S. Senator Mike Johanns spoke on the Senate floor today, kicking off debate for an Agricultural Reform Bill.
The Republican Senator stated before kicking off his 12-minute opening speech that the bill is reform-minded, saves money and continues the evolution of farm policy.
Johanns says the new bill would shift farm policy by reducing dependency on income support and focus more on risk management, with the help of private crop insurance.
“This highly effective, public-private partnership helps farmers customize protections for their individual operations,” Johanns says. “Over time, crop insurance has become the risk management tool for farmers.””
Senator Johanns says the new bill would reduce the federal deficit by $23.6 billion. It would also eliminate several federal programs and create more jobs for farmers, ranchers and small business owners.