Today I'm signing into law the Agriculture Risk Protection Act, which makes the Federal crop insurance system more inclusive and affordable. The bill also includes $7.2 billion in emergency farm assistance to help farmers suffering from plummeting crop prices.
While this bill is important, it still fails to fix what is plainly an unsuccessful farm policy. We should be targeting assistance where it's truly needed instead of making payments to farmers who haven't planted a crop and don't need our help. That's why we need to revise, revamp, and improve the 1996 freedom to farm bill—to build a safety net that adequately protects our Nation's farmers.
NOTE: The President's remarks were recorded at approximately 11:30 a.m. on June 19 in Room 200 at the Joseph C. Lanzetta School (Public School 96) in New York City for later broadcast. The transcript was released by the Office of the Press Secretary on June 20. These remarks were also made available on the White House Press Office Actuality Line. H.R. 2559, approved June 20, was assigned Public Law No. 106-224.
William J. Clinton, Radio Remarks on Signing the Agricultural Risk Protection Act of 2000 Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/227071
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