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Politics : Did Slick Boink Monica?

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To: DMaA who wrote (15029)5/7/1998 9:25:00 AM
From: DMaA  Read Replies (2) of 20981
 
A little secret for our lib friends. Conservatives don't trust Newt either. Here's why.

Fields of Cornpone
In the movie "Field of Dreams," someone asks if he's in heaven and Kevin Costner replies, "It's Iowa." Speaker Newt Gingrich must share the sentiment, because he is quietly maneuvering to extend the ethanol subsidy for another seven years beyond the 2000 phaseout agreed to in last year's budget deal. Yesterday, Ways and Means Chairman Bill Archer dropped out of the highway bill conference when the Speaker made it clear he'd join the Senate in rolling the Texan. Mr. Archer had recently stuck with the ethanol phaseout 22-11 in his own committee and could easily prevail on the House floor. But Mr. Gingrich won't allow any such vote.

About half of ethanol's $600 million in annual corporate welfare goes to the truly needy at Archer-Daniels-Midland Co. For the record, noted soak-the-rich "populists" Dick Gephardt, David Bonior, Al Gore and President Clinton also favor the extension. But subsidies are the reason Democrats exists. Mr. Gingrich, we're sure, knows better.
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