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Reality Check: Eliminating the Ethanol Tariff and Subsidies

For decades, the corn ethanol lobby has been peddling in hysterics and kernel-nomics on the topic of subsidies and the 54-cent-per-gallon tariff on imported ethanol. Their defenders argue that the U.S. would suffer catastrophic job losses without them, domestic biofuel production would plummet and America would become more dependent on foreign sources of energy. With all these claims bouncing back and forth, we decided it was time to get an honest assessment from an impartial expert, and thought who better to engage than a world-renowned agricultural economist from the Farm Belt. Read More