I would agree if they were placing limits on the use of corn syrup (especially HFCS), since that stuff's been connected to all sorts of health issues and is in damn near everything processed these days. (Inexpensive brands of bread often have HFCS as one of the first few ingredients. Why does bread need to be that damn sweet? Ugh.)
But sugar? Seriously? Are we just supposed to go back to Ye Goode Olde Days when the big-name sweetener was honey? Oh, no, wait, regulating sugar is just going to result in a HFCS surge. As if we needed that.
Like Nap said, get rid of corn subsidies. They have succeeded far beyond their original intent and even beyond the bounds of sanity.