Those worried that the bipartisan budget making its way through Congress does not include enough deficit reduction can take some solace in the fact that more savings will quietly take effect after a number of tax breaks expire at the end of the year.
In his recent letter to the editor, "Renewable fuels promote energy security" (March 21), Bob Dinneen, the president of the Renewable Fuels Association, claims that ethanol costs less per gallon than gasoline and, when blended with gasoline, reduces greenhouse-gas emissions. These statements are untrue or, at the very least, deceitful.
Earlier this month, the Senate voted 73-27 on legislation that would terminate some of the federal subsidies granted to the domestic ethanol industry. Ethanol lobbyists and trade associations immediately went into overdrive to protect their taxpayer largesse.