Build Back Better Bill Would Lavish New Corporate Subsidies on Biofuel Industry

President Joe Biden has defended the tax increases he's proposed to pay for his Build Back Better plan on the grounds that they'll level the playing field between the rich and the rest of us.

"It's fiscally responsible, because our investments are paid for that by making sure that corporations and the wealthy Americans pay their fair share," said the president in a White House speech Thursday.

That rhetoric is in friction with some of the details of the $3.5 billion Build Back Better bill currently working its way through the House. It would...