Ethanol subsidies besieged

New York Times: Federal subsidies for corn ethanol have long been considered untouchable in Washington — not least because politicians want the votes of Iowans, who have traditionally held the first nominating caucuses in the contest for the presidency. But this year, cutting the budget deficit holds more allure than courting corn farmers, making a turning point in ethanol politics. In Washington, there is growing consensus that the ethanol industry has reached financial stability, making much government assistance......

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