June 24, 2011

Feinstein Amendment to End Ethanol Handouts Overwhelmingly Passes Senate

Washington—The U.S. Senate today voted 73-27 in favor of an amendment by Senator Dianne Feinstein (D-Calif.) to eliminate the Volumetric Ethanol Excise Tax Credit (VEETC) and repeal the import tariff on foreign ethanol. The amendment was identical to the Ethanol Subsidy and Tariff Repeal Act, which was introduced by Senator Tom Coburn, M.D. (R-Okla.) and Senator Feinstein in May. Read more…

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