Wasn’t the whole thing about ethanol to increase our fuel supply? And how is ethanol produced? Yep.
No it was not to increase the fuel supply. It was “green” and “renewable” that big government loves. It had nothing to do with supply of oil or economics.
Cruz wants to eliminate the subsidy in 5 years. Wouldn't it be smarter to just determine what the equates to over a 5 year period and just cut a check? That way, there wouldn't be 5 years of administrative costs associated with it and whatever government infrastructure there is could be eliminated. Money saved.