Presidential candidate Tim Pawlenty may find like-minded support from Iowa’s federal senators, who have co-sponsored legislation that would initially extend ethanol subsidies tax credits, but would gradually phase the subsides out. In his first official 2012 campaign stop in Iowa Monday , Pawlenty called for a fiscal plan that would “phase out subsidies across all sources of energy and all industries, including ethanol.” Legislation that would phase out such subsidies over a five-year span, then putting superfluous subsidies into tax credits for flex fuel vehicle blender pumps was introduced earlier this month in D.C., co-sponsored by U.S. Sen.