U.S. Republican hopefuls Bush, Walker change their tune on ethanol

[Yahoo! News]

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By Andy Sullivan WASHINGTON (Reuters) - Potential Republican presidential candidates Jeb Bush and Scott Walker told Iowa voters on Saturday that they supported government policies to boost ethanol use, a change in position that could help their prospects in the corn-growing state. Speaking at an agricultural forum in Des Moines, the two White House hopefuls said a 2007 law requiring ethanol use should be kept in place despite their general distaste for subsidies and mandates. The so-called Renewable Fuel Standard requires motor fuel producers to use an ever-increasing amount of ethanol and other renewable fuels in an effort to boost U.S. energy production. "I don't think Washington should be picking winners and losers," said Texas Senator Ted Cruz.

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