Thursday, May 31, 2007
Waste, Fraud, and Abuse

Committee Requests GAO Investigation of Federal Crop Insurance Programs

Following the Committee’s May 3 hearing on waste, fraud, and abuse in the federal crop insurance program, Chairman Waxman, Ranking Member Davis, and Committee Member Jim Cooper ask the Government Accountability Office to investigate the program. Specifically, the Committee asks GAO to examine financial arrangements between the insurance companies, sales agents, and farmers and ranchers who participate in the program.