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SENATOR WITHDRAWS BILL TO REPEAL ETHANOL INDUSTRY SUBSIDY
Apr. 4, 2011
BrownfieldAgNews reports:
Senator Tom Coburn (R-OK) has withdrawn his amendment to a Small Business Bill to repeal the ethanol blender's tax credit-VEETC.
Coburn pulled the amendment after Iowa Senator Chuck Grassley and other Corn Belt Senators blocked a vote on it. Grassley criticized the effort, saying "it's very counterproductive for Senators from Big Oil country to single out energy from American agriculture-renewable energy."
Coburn said he's not giving up and will continue to seek a vote on the proposal.
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