Detailed text transcripts for TV channel - MSNBC - 20121119:20:19:00
Also, corn is in almost every you buy in the grocery store. it is a huge part of our economy. well, the epa requires, as part of their renewable fuels standard, 40% of our corn production go to balancing out our gasoline with ethanol. okay? that's fine. that's another topic. the grocery manufacturers association and a bunch of other groups, 20 of them asked the epa for a waiver this year because corn prices are skyrocketing. they want a waiver on that mandate. the epa not only said no, they raised the mandate to 4.5% above what it was last year. it's just -- i mean, you're going to have a more...