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Politics Senate's new farm bill will waste billions on subsidies, critics say

Crop insurance subsidies help farmers survive tough years, all agree. But critics say they are much too generous – and Congress could increase them further in its new farm bill.

By Richard MertensCorrespondent / June 10, 2013

Nati Harnik/AP/File

To deficit hawks and critics of American farm policy, they are a clear example of wasteful government spending, lavishly rewarding farmers beyond what is necessary or fiscally prudent.