Sunday
Nov282010
US Politics: Government Spending, Ethanol, and the Republican Dilemma
During the recent controversy within the Republican Party over a ban on "earmark" funding, Senator Jim DeMint, the leading advocate of the moratorium, was able to call upon the support of a host of Tea Party and conservative blogs.
Now the battle gets specific. As DeMint turns his attention to the specific issue of subsidies for corn, media on the Right have been much quieter. At stake in the upcoming debate over the extension of tax credits for the use of ethanol (corn alcohol) in fuel are the same principles that drove the earmark battles, but this time politicians in corn-producing states may find themselves opposing a cut in Government spending.