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Senate defeats controversial bill to end ethanol subsidy

WASHINGTON — The Senate voted down controversial legislation Tuesday meant to end $5.4 billion in federal ethanol subsidies.

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Comments (2)

  1. Submitted by James Hamilton on 06/15/2011 - 10:13 am.

    A note to Senators Klobuchar and Franken: We’re not going to make any real headway on the federal budget until people quit looking at savings in one area as a means of funding another.

  2. Submitted by Bob Sebo on 06/15/2011 - 04:03 pm.

    I think that Klobuchar’s ideas are good ones. Instead of never ending cash subsidies aiding producers, use one time money to build an environment in which the ethanol industry is more likely to thrive. The money would, as I understand it, largely be spent on the installation of “blender pumps” at gas stations. There are a lot of flex fuel vehicles out there who don’t have access to E85, I’m willing to bet…this could change that and increase actual market demand for ethanol rather than simply distorting the market through subsidies and tariffs. Oh my God, I sound like a Republican.

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