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Left-Right Senate Pair Takes Aim at Ethanol Subsidy

Mar. 9, 2011 -- Sens. Tom Coburn (R-Okla.) and Ben Cardin (D-Md.) are teaming up in a new push to end tax credits that support the domestic ethanol industry. The pair âEUR" reviving a left-right push against ethanol âEUR" introduced a bill Wednesday that would repeal the 45 cents-per-gallon credit, which refiners and gasoline blenders receive for each gallon of ethanol purchased and mixed into gasoline. >>Full story