Thursday, March 10, 2011

Tom Coburn vs. the Ethanol Tax Subsidy

Coburn, R-Muskogee, said the 45 cents per gallon credit given to blenders of ethanol is "bad economic policy, bad energy policy and bad environmental policy."

"The $6 billion we waste every year on corporate welfare should instead stay in taxpayers' pockets where it can be used to spur innovation, stimulate growth and create jobs," Coburn said.

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