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Congress reaches compromise on ethanol subsidy

WASHINGTON — Key US lawmakers Thursday reached a compromise to cut subsidies for ethanol, which would revamp a policy that has come under heightened scrutiny for diverting large amounts of corn to fuel and impacting food prices. Democratic Senator Dianne Feinstein of California said the agreement with two farm state…

U.S. Senate votes to end $6 billion ethanol subsidy

WASHINGTON — The US Senate voted Thursday to end a $6 billion subsidy for ethanol in a move that appeared largely symbolic but sends a message about the growing unease on support for the biofuel made mostly from corn. In a 73-27 vote, the Senate approved an amendment to end…

Senate rejects Coburn bill to repeal ethanol subsidies

WASHINGTON – By a vote of 59-40, the Senate on Tuesday afternoon struck down a measure to roll back $6 billion in federal ethanol subsidies. S.1057, dubbed the “Ethanol Subsidy and Tariff Repeal Act,” would have repealed a 45-cents per gallon tax credit for ethanol blended into gasoline as well…

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