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Wednesday, June 15, 2011

Taxes

News                                                                                                                             
NY Times | Effort to End Tax Credit for Ethanol Fails in Senate
The Senate beat back a challenge to ethanol fuel subsidies on Tuesday in a demonstration of how the drive to cut the federal deficit can run headlong into a favored interest on Capitol Hill.
WSJ | Payroll Tax Cut Idea Joins Debt Talks
White House Floats the Notion of Extending and Widening the Breaks to Stimulate Economy; Lukewarm GOP Response.

Econ Comments                                                                                                             
WSJ | Why Are Taxpayers Paying for Wine Tasting?
At a time of crisis a wasteful federal agency gets $200 million more.