Cato Institute says “If you want to be president and you’re running in the Iowa caucuses, you have to support ethanol.”

Jerry Taylor of the Cato Institute says “If you want to be president and you’re running in the Iowa caucuses, you have to support ethanol.” Among major candidates, only John McCain has been strongly opposed to ethanol subsidies, but points out that he is opposed to all subsidies, even those which benefit his home state.

A Zogby poll in Iowa shows, among Democrats, Sen. Hillary Clinton, leading former Sen. John Edwards and Sen. Barack Obama by four points, 30 percent to 26 percent. Sen. Joseph Biden and Gov. Bill Richardson were at 5 percent. Sen. Chris Dodd and Rep. Dennis Kucinich were at 1 percent each.

On the Republican side, Gov. Mike Huckabee was at 29 percent support, former Gov. Mitt Romney at 27 percent, and Sen. John McCain was moving up at 13 percent.
Former Sen. Fred Thompson was at 8 percent, former Mayor Rudy Giuliani and Rep. Ron Paul stood at 7 percent each.

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