Finally our fearless leaders in Washington have stumbled onto the fact that subsidizing ethanol production is bad for the consumer. Ethanol decreases gas mileage, raises the prices of cereal grains which in turn raise the prices for consumers at the grocery store, drastically raises the price of corn which has skyrocketed the price of beef at the consumer level and hasn’t accomplished one dang thing in the fight on Al Gore’s fictitious global warming.
The US Senate voted 73-27 to immediately end what has come to be known as the blender’s tax credit which has subsidized ethanol production to the tune of 45 cents per gallon. Also the 54 cent per gallon import tariff was also eliminated. A House vote of 283-128 also ended the subsidy for installing ethanol fuel blending equipment.
Montana congressman Denny Rehberg voted yes to putting a stop to this waste of money while Senator Max Baucus followed the party line and voted no to what is best for us peasant consumers. Not surprisingly Democrat “No Ear Marks Ever” Tester, who for the past few months has been voting the Republican line, voted to end ethanol subsidies.
When watching Tester it sure is easy to figure out he is up for re-election. I guess he thinks we will forget all his liberal votes that have cost us billions of dollars like the stimulus and ObamaCare. Not to mention his love fest with Nancy Pelosi, Harry Reid, President Obama or his No Ear Marks Ever campaign promise
Thanks to the Northern Ag Network for pointing out this story and be sure and take a look at how everyone voted over at the Washington Post