The American people move on gasoline. Some of it is produced in the United States, but much of our oil for gasoline is imported at high cost from overseas. We also get some fuel from corn when it is made into ethanol — with the help of an annual subsidy of $5 billion.
Do you believe taxpayers should be raising corn prices by spending $5 billion of our tax money (or borrowing that amount) to subsidize ethanol, which harms engines and reduces mileage?
An effort was made in the United States Senate this week to kill that subsidy.
How would you have voted?
Well, only 40 senators voted to end the subsidy — while 59 voted, wastefully and unconstitutionally, to continue it.
Sen. Tom Coburn, R-Okla., commented correctly, “We continue to spend money that we don’t have on things that we don’t need.”