If you find yourself paying more for a Slider, Thickburger, or Baconator, you might want to blame the renewable-fuel standard, says a video put out by Feed Food Fairness in opposition to the corn-ethanol mandate.
Refiners will likely blend around 13 million gallons of corn ethanol next year — a level set by the Environmental Protection Agency — which some say is driving up prices across the food industry for other corn-dependent products. Feed Food Fairness is a campaign launched this summer by the National Council of Chain Restaurants to push for repeal of the standard.
White Castle President Lisa Ingram says in the video that her company has seen a 47 percent spike in beef prices since the start of the renewable-fuel standard, with the implication that much of that jump is due to increased feed prices for cattle farmers. The increase carries a $15,000-per-restaurant cost, she said. “When we have fluctuations in our food costs, that impacts our ability to be able to provide value to our customers,” Ingram said.
Hardee’s and Wendy’s franchisees also speak out against the standard, saying it cuts their profits and, by extension, job creation.
Last week, 165 House members signed a letter calling for reductions in next year’s corn-ethanol mandate. Sens. Dianne Feinstein, D-Calif., and Tom Coburn, R-Okla., are expected to unveil legislation this week that would eliminate the corn-ethanol mandate altogether. Industry groups such as the American Petroleum Institute have also called for a reduction in ethanol blends, but biofuels makers are pushing back with arguments that cutbacks would hamper a growing industry.
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If a new poll is to be believed, Hillary Clinton has a big lead in the all-important swing state of Pennsylvania. A new Suffolk University survey shows her ahead of Donald Trump, 50%-41%. In a four-way race, she maintains her nine-point lead, 46%-37%. "Pennsylvania has voted Democratic in the past six presidential elections, going back to Bill Clinton’s first win in 1992. Yet it is a rust belt state that could be in play, as indicated by recent general-election polling showing a close race."
"President Barack Obama has chosen Jackson Park, a lakefront park that once hosted the world’s fair on the city’s South Side, for his $500 million presidential library, according to a person familiar with the matter."
Wednesday was the third night in a row that the Democratic convention enjoyed a ratings win over the Republican convention last week. Which might have prompted a fundraising email from Donald Trump exhorting supporters not to watch. "Unless you want to be lied to, belittled, and attacked for your beliefs, don't watch Hillary's DNC speech tonight," the email read. "Instead, help Donald Trump hold her accountable, call out her lies and fight back against her nasty attacks."
The Clintons will retain their Secret Service "code names from the last time they lived in the White House. Hillary Clinton is EVERGREEN and Bill ClintonEAGLE. Donald Trump is MOGUL, according to reports, and Melania Trump MUSE. The vice presidents get code names, too: Mike Pence is HOOSIER—a little on the nose—and his wife HUMMINGBIRD. Tim Kaine is DAREDEVIL, somewhat ambitiously. His wife's? To be determined."