On the recordJuly 26, 2007
I suggest the time is now, because there are literally billions of dollars of corporate welfare we can and must be saving starting tonight. These 16 companies, there are only 16 companies, made $2.8 billion, at taxpayer expense, profit in the last 5 years. It's an outrageous system once you look into it. The GAO and others discovered that 40 cents of every dollar that is supposed to go to the farmer, in fact, goes to the insurance middleman. This is not right. We need to get more money to the farmers, not less. Let's reform the crop insurance system. The Kind amendment is the right way to do it. Another way to do it will be the Cooper amendment. Support the Kind amendment.
Source
govinfo.gov




