Ethanolics Anonymous | FrontPage Magazine

Yesterday the Senate voted to repeal ethanol tax credits in a bipartisan 73-27 vote. The measure is expected to save the federal government $31 billion over the next five years, money that will be applied to deficit reduction. That’s good news for people concerned about out of control government spending, and the vote will certainly help Senators establish their fiscally conservative bona fides, but the net effect on the industry and on consumers will be negligible."