(The Hill) – TheHill.com reports that a “bipartisan group of farm-state senators floated plans” last week “to slowly phase out ethanol tax subsidies, a measure that surfaced a day after a separate bipartisan coalition introduced new plans to kill the incentives almost immediately.” The phase-out bill, offered by Senate Budget Committee Chairman, Kent Conrad (D-N.D.) and Sen. Chuck Grassley (R-Iowa), “would extend the ethanol blenders’ credit through 2016, but, cut the level.” Nebraska Senators Ben Nelson and Mike Johanns are listed as co-sponsors of the phase-out bill.
For the full article, see the link below.
http://thehill.com/blogs/e2-wire/677-e2wire/159283-senate-ethanol-battle-heats-up-with-dueling-bills
