On the recordMarch 30, 2011
I think it is the case, but to be fair, there is bipartisan opposition to this amendment. I understand it. It is from the corn-producing States. They are worried that this might have an effect on ethanol production and corn processors. Actually, CBO estimates that the maximum impact of this amendment on the price of corn will be less than 35 cents a bushel. Corn is near $7--record high. Mr. McCAIN. Near an all-time high.
