Financial Services Industry
Industry: Email Alert RSS FeedBush seeks to end crop ins. program. (George Bush)
National Underwriter Property & Casualty-Risk & Benefits Management, February, 1990 by Brostoff, Steven
Bush Seeks To End Crop Ins. Program WASHINGTON--President Bush has indicated he will seek elimination of the Federal Crop Insurance Program. The proposal came in the president's annual budget message to Congress in which he said he will introduce a bill that asks only for enough money to meet prior year obligations and 1991 administrative costs for program elimination.
However, insurance industry representatives said that the administration may be willing to compromise on the issue. "I talked with people at the White House who said that the president is not wedded to elimination of the program per se," said Robert Rusbuldt, assistant vice president of federal affairs in the Washington, D.C., office of the Independent Insurance Agents of America,...
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