4/7/2011

A plan by Sen. Tom Coburn, R-Okla., to eliminate the ethanol blender's tax credit could come up for a vote this week, but it is unlikely to muster the 67 votes needed to attach it a small-business measure, said Sen. Charles Grassley, R-Iowa. "I don't think it has a chance of passage, but it's going to come up and it's got a chance of getting a significant amount of votes, and that could be a setback for ethanol," Grassley said. Meanwhile, a spokesman for Sen. Tom Harkin, D-Iowa, said Coburn's proposal is "not only an unnecessary attack on an important industry for Iowa and the nation, it also has no place in a small business bill."

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