Hallelujah! The Senate has done something I never in a million years expected them to do. They voted overwhelmingly to eliminate several billion in tax breaks for ethanol! (story here). This is a great development! Most of the punditry are looking at this as a symbolic blow to energy subsidies. But this is just as much a subsidy to entrenched agricultural interests. If this leads to further decreases in corporate welfare for either Big Energy or Big Ag, I would be thrilled!
Friday, June 17, 2011
The reason I never expected this is because Republicans are so committed to rural voters and big business that the combination had me thinking they would never touch ethanol or ag subsidies. I'm thrilled to be wrong about that. Well done to the 73 Senators who voted to end this waste of money!
Posted by Raised By Republicans at 5:39 PM