Agriculture Risk Protection Act
The Agriculture Risk Protection Act of 2000 () made major revisions to the United States' federal crop insurance program and provided emergency agricultural assistance. The crop insurance provisions significantly increased the program's government subsidy; improved coverage for farmers affected by multiple years of natural disasters; and authorized pilot insurance programs for livestock farmers and growers of other farm commodities that were not served by crop insurance, among many other provisions. The emergency provisions made available a total of $7.14 billion in emergency farm assistance, mostly in direct payments (called market loss payments) to growers of various commodities to compensate for low farm commodity prices. See also * Agricultural Management Assistance Program In United States federal agriculture legislation, the Agricultural Management Assistance Program was authorized in the Agricultural Risk Protection Act of 2000 (P.L. 106-224, Sec. 133) and permanently autho ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Larry Combest
Larry Ed Combest (born March 20, 1945) is a retired American Republican politician who represented Texas in the U.S. House of Representatives from 1985 to 2003. Early life Combest was born in Memphis, Texas, a small town in West Texas and the seat of Hall County. In 1969, he earned his bachelor of business administration degree from West Texas State University in Canyon. His family operated a farm for four generations. In 1971, he served briefly as director of the Agricultural Stabilization and Conservation Service of the U.S. Department of Agriculture. He then became legislative assistant to Republican U.S. Senator John Tower from 1971 to 1978, having left after Tower won his fourth and final term in office. From 1978 until his election to Congress six years later, Combest was in private business. Congressional career In 1984, Democratic Congressman Kent Hance did not run for a fourth term but instead ran unsuccessfully for his party's nomination for the United States Senate. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Republican Party (United States)
The Republican Party, also referred to as the GOP ("Grand Old Party"), is one of the two major contemporary political parties in the United States. The GOP was founded in 1854 by anti-slavery activists who opposed the Kansas–Nebraska Act, which allowed for the potential expansion of chattel slavery into the western territories. Since Ronald Reagan's presidency in the 1980s, conservatism has been the dominant ideology of the GOP. It has been the main political rival of the Democratic Party since the mid-1850s. The Republican Party's intellectual predecessor is considered to be Northern members of the Whig Party, with Republican presidents Abraham Lincoln, Rutherford B. Hayes, Chester A. Arthur, and Benjamin Harrison all being Whigs before switching to the party, from which they were elected. The collapse of the Whigs, which had previously been one of the two major parties in the country, strengthened the party's electoral success. Upon its founding, it supported c ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Texas
Texas (, ; Spanish language, Spanish: ''Texas'', ''Tejas'') is a state in the South Central United States, South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2020, it is the second-largest U.S. state by both List of U.S. states and territories by area, area (after Alaska) and List of U.S. states and territories by population, population (after California). Texas shares borders with the states of Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the west, and the Mexico, Mexican States of Mexico, states of Chihuahua (state), Chihuahua, Coahuila, Nuevo León, and Tamaulipas to the south and southwest; and has a coastline with the Gulf of Mexico to the southeast. Houston is the List of cities in Texas by population, most populous city in Texas and the List of United States cities by population, fourth-largest in the U.S., while San Antonio is the second most pop ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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United States House Committee On Agriculture
The U.S. House Committee on Agriculture, or Agriculture Committee is a standing committee of the United States House of Representatives. The House Committee on Agriculture has general jurisdiction over federal agriculture policy and oversight of some federal agencies, and it can recommend funding appropriations for various governmental agencies, programs, and activities, as defined by House rules. History of the committee The Agriculture Committee was created on May 3, 1820, after Lewis Williams of North Carolina sponsored a resolution to create the committee and give agricultural issues equal weight with commercial and manufacturing interests. The committee originally consisted of seven members, from the states of Maryland, New Hampshire, New York, Pennsylvania, South Carolina, Vermont, and Virginia. Thomas Forrest of Pennsylvania was the first chairman. The Agriculture Committee remained a seven-member body until 1835, when two more members were added. It was not until 1871 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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United States Senate Committee On Agriculture, Nutrition And Forestry
The Committee on Agriculture, Nutrition, and Forestry is a committee of the United States Senate empowered with legislative oversight of all matters relating to the nation's agriculture industry, farming programs, forestry and logging, and legislation relating to nutrition, home economics, and rural development. The current Chair is Democrat Debbie Stabenow of Michigan, and the Ranking Member is Republican John Boozman of Arkansas. History Founded in 1825 the Committee was formed at the request of Senator William Findlay from Pennsylvania. Arguing that agriculture was as important to national progress as commerce and manufacturing, Findlay succeeded in persuading the full Senate to divide the Committee on Commerce and Manufactures into two separate committees. The Committee on Agriculture was formed by resolution on December 9, 1825. During the first four decades of the existence of this committee, the need for it was repeatedly called into question. At that time in America, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bill Clinton
William Jefferson Clinton ( né Blythe III; born August 19, 1946) is an American politician who served as the 42nd president of the United States from 1993 to 2001. He previously served as governor of Arkansas from 1979 to 1981 and again from 1983 to 1992, and as attorney general of Arkansas from 1977 to 1979. A member of the Democratic Party, Clinton became known as a New Democrat, as many of his policies reflected a centrist "Third Way" political philosophy. He is the husband of Hillary Clinton, who was a senator from New York from 2001 to 2009, secretary of state from 2009 to 2013 and the Democratic nominee for president in the 2016 presidential election. Clinton was born and raised in Arkansas and attended Georgetown University. He received a Rhodes Scholarship to study at University College, Oxford and later graduated from Yale Law School. He met Hillary Rodham at Yale; they married in 1975. After graduating from law school, Clinton returned to Arkansas ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Federal Crop Insurance Program
The Federal Crop Insurance Corporation (FCIC) is a wholly owned government corporation managed by the Risk Management Agency of the United States Department of Agriculture. FCIC manages the federal crop insurance program, which provides U.S. farmers and agricultural entities with crop insurance protection. Background During the 1930s, farmers thought they were safe during the Great Depression because they could provide food for themselves. That changed quickly when the Dust Bowl drought made it difficult for farmers to produce any crops during this time. By not being able to produce these essential crops, they lacked necessary food for themselves and were unable to make money off of the crops. In order to help America recover from the Great Depression, President Franklin D. Roosevelt started the New Deal, which was a plan compiled of federal programs, including several focused on farming. History The Federal Crop Insurance Corporation was a program created to carry out the gov ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Government Subsidy
A subsidy or government incentive is a form of financial aid or support extended to an economic sector (business, or individual) generally with the aim of promoting economic and social policy. Although commonly extended from the government, the term subsidy can relate to any type of support – for example from NGOs or as implicit subsidies. Subsidies come in various forms including: direct (cash grants, interest-free loans) and indirect (tax breaks, insurance, low-interest loans, accelerated depreciation, rent rebates). Furthermore, they can be broad or narrow, legal or illegal, ethical or unethical. The most common forms of subsidies are those to the producer or the consumer. Producer/production subsidies ensure producers are better off by either supplying market price support, direct support, or payments to factors of production. Consumer/consumption subsidies commonly reduce the price of goods and services to the consumer. For example, in the US at one time it was cheaper to buy ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Natural Disaster
A natural disaster is "the negative impact following an actual occurrence of natural hazard in the event that it significantly harms a community". A natural disaster can cause loss of life or damage property, and typically leaves some economic damage in its wake. The severity of the damage depends on the affected population's resilience and on the infrastructure available. Examples of natural hazards include: avalanche, coastal flooding, cold wave, drought, earthquake, hail, heat wave, hurricane (tropical cyclone), ice storm, landslide, lightning, riverine flooding, strong wind, tornado, typhoon, tsunami, volcanic activity, wildfire, winter weather. In modern times, the divide between natural, man-made and man-accelerated disasters is quite difficult to draw. Human choices and activities like architecture, fire, resource management or even climate change potentially play a role in causing "natural disasters". In fact, the term "natural disaster" has been called a misnom ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Livestock
Livestock are the domesticated animals raised in an agricultural setting to provide labor and produce diversified products for consumption such as meat, eggs, milk, fur, leather, and wool. The term is sometimes used to refer solely to animals who are raised for consumption, and sometimes used to refer solely to farmed ruminants, such as cattle, sheep, goats and pigs. Horses are considered livestock in the United States. The USDA classifies pork, veal, beef, and lamb (mutton) as livestock, and all livestock as red meat. Poultry and fish are not included in the category. The breeding, maintenance, slaughter and general subjugation of livestock, called '' animal husbandry'', is a part of modern agriculture and has been practiced in many cultures since humanity's transition to farming from hunter-gatherer lifestyles. Animal husbandry practices have varied widely across cultures and time periods. It continues to play a major economic and cultural role in numerous communities. Lives ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Crop Insurance
Crop insurance is purchased by agricultural producers, and subsidized by the federal government, to protect against either the loss of their crops due to natural disasters, such as hail, drought, and floods, or the loss of revenue due to declines in the prices of agricultural commodities. The two general categories of crop insurance are called crop-yield insurance and crop-revenue insurance. On average, the federal government subsidizes 62 percent of the premium. In 2019, crop insurance policies covered almost 380 million acres. Major crops are insurable in most counties where they are grown, and approximately 90% of U.S. crop acreage is insured under the federal crop insurance program. Four crops—corn, cotton, soybeans, and wheat— typically account for more than 70% of total enrolled acres. For these major crops, a large share of plantings is covered by crop insurance. Specialty crops A farmer or grower may desire to grow a crop associated with a particular defined attribute ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Market Loss Payments
Market loss payments is a designation first used in the Omnibus Consolidated and Emergency Appropriations Act, FY1999 (P.L. 105-277) to describe the $3.1 billion in emergency income support payments authorized for eligible grain, cotton, and dairy farmers. The Act stated that such funds were to compensate farmers for the loss of 1998 income caused by “regional economic dislocation, unilateral trade sanctions, and the failure of the government to pursue trade opportunities aggressively.” Similar economic emergency support payments for selected commodities were subsequently enacted in P.L. 106-78 ($6.5 billion), in P.L. 106-224 ($6.5 billion), in P.L. 106-387 ($0.9 billion), and in P.L. 107-25 ($5.5 billion). Market loss assistance to grain and cotton producers were distributed in parallel manner to the contract payments authorized by the Agricultural Market Transition Act. See also *Apple Market Loss Assistance Program The Apple Market Loss Assistance Program is a program of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |