The Midwestern corn lobby is seeing its worst nightmare made real today: the Environmental Protection Agency is reducing the amount of corn-based ethanol in gasoline for the first time. That's a victory for oil companies—and even some environmentalists. What about reducing air pollution? What will it mean for the price of gasoline? Also, Democrats defect and support a Republican bill on Obamacare, and China's leadership proclaims a new era. We hear about major changes.
Banner image: Harvesting corn for ethanol