Ag Secretary Tom Vilsack says he welcomes the extension of the energy policy requiring the extension of tax credits and protective tariffs of corn ethanol and is not worried in the long term about the U.S. economy’s capacity to produce corn for food, fuel, feed, and exports because of it. “I’m certainly not worried in the long term about our capacity to produce enough corn to meet our food and feed needs as well as our fuel needs,” Secretary Vilsack said Wednesday in a news conference with Interior Secretary Ken Salazar and Energy Secretary Steven Chu held in the Department of the Interior building. Vilsack said he is not worried about the inflationary effect that the ethanol subsidy might have on food prices...more
Even if he was worried he wouldn't tell us. Obama needs to carry Iowa, Vilsack's home state.
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