Romney - Obama Backs Ethanol Production
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Building on his recent State of the Union Address, President Barack Obama is continuing his push for energy reform and the adoption of new renewable energy programs. Critical to these energy reforms are federal policies that offer farm loans and farm subsidies to ethanol and other bio-fuel producers. While not specifically featured in the State of the Union, the Obama administration has been remarkably supportive of the ethanol industry and his Department of Agriculture has made ethanol production a top priority. By offering farm loans and federal support for the production of corn-ethanol, the federal government has signaled its support for energy reform.
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