What could possibly be more important than avoiding the federal government's first-ever debt default? For some Midwestern Republicans, the answer might be ethanol subsidies.
"A bloc of at least eight corn belt Republicans are a hard 'no' on" House Speaker Kevin McCarthy's (R–Calif.) bill to raise the debt ceiling unless proposed cuts to ethanol tax credits are removed from the package, Axios reported Tuesday. That group reportedly includes all four members of Congress who represent Iowa and at least four other Republican lawmakers from other "corn belt" states.
