This report describes the structure of the federal crop insurance program, the government’s role and costs, the benefits provided to various groups, and policy options that would decrease federal spending on the program.
Terry Dinan, Senior Advisor for CBO’s Microeconomic Studies Division, testifies on the Renewable Fuel Standard before the House Committee on Science, Space, and Technology’s Subcommittee on Oversight and Subcommittee on Environment.
Since 1990, real spending for child nutrition programs more than doubled—to $20 billion in 2014. CBO expects that increases in food prices and demographic changes will cause spending to rise further in the future.
Using the rising amounts of renewable transportation fuels required by the Renewable Fuel Standard will be difficult. CBO looks at how those requirements and alternatives would affect fuel and food prices and greenhouse gas emissions.