Posted on 06/16/2011 11:51:14 AM PDT by Fractal Trader
The U.S. Senate voted on Thursday to end the 45-cent-a-gallon subsidy the government gives refiners and the 54-cent-per-gallon tariff on imported ethanol from Brazil and other countries.
The proposal to end the ethanol incentives passed 73 to 27, and came in the form of an amendment that was tacked onto an underlying economic development bill that is not expected to pass the Senate.
The White House said it was against a "straight repeal" of the federal incentives for ethanol.
(Excerpt) Read more at uk.reuters.com ...
Is it possible that both Republicans and Democrats could display a sense of reasonableness?
With those numbers they could override a veto from the Kenyan.
“tacked onto an underlying economic development bill that is not expected to pass the Senate.”
bet most of those same 72 who voted for the bill will vote against the whole bill.
“I was for it before I was against it” comes to mind.
“and came in the form of an amendment that was tacked onto an underlying economic development bill that is not expected to pass the Senate.”
Ending the ethanol subsidy without removing the requirement for it being in gasoline, is only going to make the cost at the pump go up.
Who in their right mind would burn their own food as fuel?
ETHANOL SUCKS!
Nothing more than a rope a dope vote, attach it to the debt ceiling and see how the bastards vote.
We need to end ALL government subsidies!
!!Misleading Reuters Headline Alert!!
It removed the tariff as well. So, we’d be getting ethanol from Brazil.
Does it remove the sugar tariff, or just the ethanol tariff.
If the sugar tariff is removed, we can welcome back sugar and say goodbye to hfcs.
Seems it might be intended to be a signal about the future. If this plays well, the strength of the proposal on its own will solidify and further attempts may be expected. Let’s not kill the messenger on this one. Applaud that the effort is being made and encourage the mice in the Senate to be more leonine on it.
What is the point of passing an amendment to a bill not expected to pass other than to fool the public that you are for something that you are really against. They talk out of both sides of their mouths at the same time.
Will we ever get honesty in government?
More posturing from the ruling class ... "I'm against the subsidy so I made a symbolic (french for bullsh!t) gesture that actually does nothing about the problem."
Yet another pantload from those who know what's best for us.
“...Will we ever get honesty in government?..”
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We never had it, and we never will.
Well this vote may be meaningless as far as doing anything, but it does suggest that at least 71 Senators are worried enough about the unpopularity of government mandated ethanol in our gas to stage a symbolic vote.
It looks as if they are feeling the pressure. We need to keep pushing, and talking to our friends about it.
My pants are full. It is running down into my socks.
The only advantage I ever saw in putting ethanol in gasolin is that it forced muslims to buy and use alcohol and carry it around with them; a technical violation of their “religion”. Burning ones food for fuel is otherwise just stupid when there is so much oil in our own nation.
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