DANA POINT, Calif. — Battling crony capitalism and corporate welfare has been a central theme of this weekend’s gathering.* In that vein, Mike Allen of Politico asked Marco Rubio at Sunday’s lunch, commented on Rubio’s votes against a federal backstop for terrorism risk insurance and the Export-Import Bank, and then noted that Rubio made one exception to his opposition to crony capitalism. Rubio instantly knew what Allen was talking about: the federal sugar program.
Rubio has consistently voted for and defended the federal sugar program, which drives U.S. sugar prices higher by keeping out foreign sugar and provides federal loans to guarantee those high prices.
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