Here are the crop insurance cuts that the Obama administration proposed in late 2011. The numbers are probably out of date since the cost of the program has risen from $8 billion to at least $9 billion and there have been some changes in administration and premiums.

• Streamline the administrative costs of the program by lowering crop insurance companies’ rate of return to meet the 12 percent target, saving $2 billion over 10 years.
• Cap administrative expenses at $0.9 billion adjusted annually for inflation, which would save $3.7 billion over 10 years.
• Price the premium for catastrophic coverage policies more accurately, saving $600 million over 10 years.
• Shave two basis points off any coverage premium subsidy levels that are currently offered above 50 percent, saving $2 billion over 10 years.