Looking to cut costs, feds explore slashing insurance subsidies

The amount of money that the government spends on expensive crop insurance subsidies has long come under criticism. This month, a federal report found that small cuts to premium subsidies could result in hundreds of millions of dollars in savings. The findings come as the national debt soars near $17 trillion, but farmers say the cuts would hurt business.

Government looks to counter SNAP recipient fraud

The Supplemental Nutrition Assistance Program, more commonly known as “SNAP,” takes up about 80 percent of the 2014 Farm Bill, a chunk worth between $70 and $80 billion a year. While the program helps provide groceries to tens of millions of Americans, a recent report found that the program may be susceptible to fraud.

Experts foresee shortages as the nation’s freshwater supply dwindles

A government report from last month revealed that 40 out of 50 state water managers expect freshwater shortages within the next decade. As a result, farms and other agriculture producers who depend on irrigation may be challenged moving forward. According to federal studies, irrigation withdrawals and uses more water than anything else each year.