For my two cents I’ll simply lay out what I think are the most compelling arguments on either side of the this debate, which obviously goes well beyond ethanol.
Team Coburn:
The size and urgency of the debt crisis demands that significant action be taken immediately before credit markets decide to act for us. And by “significant action,” Coburn has said the $4 trillion range that lawmakers seem to have settled on won’t be sufficient (he’ll soon a introduce his own $9 trillion deficit reduction package).
Team Norquist: