There is no ethanol subsidy, so it doesn't go directly to anyone. Eliminated several years ago. What remains is the Renewable Fuels Mandate, under which the EPA mandates the production of X gallons of blended fuels per year. That total (around 19 billion this year, I believe) is a target for about a 2-3% decrease. That's essentially DC trying to very slowly back away from the Renewable Fuels Mandate. And eventually end it. But it will take time, because doing so all at once would have a catastrophic effect on farmers in corn country.
