01/23/11 11:01 AM ET -
"Sen. John McCain (R-Ariz.) sees an easy target in the drive to cut spending while leaving no 'sacred cow' untouched.
'Ethanol is a joke,' he said Sunday on CBS' 'Face the Nation,' saying that programs promoting the corn-derived fuel are wasting money.
'And it's a multibillion dollar spending -- all ag subsidies, sugar subsidies, all these things, they have to be examined,' he said."
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