WASHINGTON — The deficit reduction plan President Obama has introduced will reduce farm subsidies by shrinking federal contributions to crop insurance programs and land conservation programs — direct payments that go to farmers based on crops they planted in past years, states the National Chicken Council in its Washington Report, adding that a White House report says, “In a period of severe fiscal restraint, these payments are no longer defensible.”
Nationally, the president estimates $3 billion a year in savings by ending direct payments to farmers coming from reductions in crop insurance — $830 million a year and another $200 million in savings. . .
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