President Joe Biden journeyed to corn-rich Iowa to announce a step aimed at trimming gasoline prices by about a dime a gallon at a limited number of stations by waiving rules that restrict ethanol blending.
enacted last fall. That law includes money to improve internet access, as well as for modernizing wastewater systems, reducing flooding threats and improving roads and bridges, drinking water and electric grids in sparsely populated areas.
Iowa Republican Party Chairman Jeff Kauffman was unsparing in his criticism of Biden’s handling of the economy and inflation. But, he said, the temporary move on ethanol was the right one. The high inflation also poses a threat to Biden’s broader domestic agenda that likely hinges on the vote of Democratic Sen. Joe Manchin of West Virginia. Manchin released a statement saying that the Biden administration and the Federal Reserve failed “to act fast enough,” to curb costs for the American people and that the problem of high prices predates the invasion of Ukraine.
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