Jul 11, 2011

Bingaman Reverse: "Ethanol Subsidies Should End"

Pulaski note: Bingaman has obviously had a change of heart when it comes to ethanol subsidies. In Feb. 2009 he was pleading to congress and the public for more financial assistance. The article can be seen here. WASHINGTON – U.S. Senator Jeff Bingaman voiced his support for the end of a subsidy of ethanol – an additive to gasoline aimed at reducing pollution. Today, Bingaman voted in favor of an amendment introduced by Senators Dianne Feinstein and Tom Coburn that would immediately end the subsidy, which is set to expire at the end of the year. The amendment passed 73-27. Bingaman has said he would prefer to allow the subsidy to expire rather than to surprise businesses with a mid-year elimination. But he voted in favor of the amendment to make it clear he wants the ethanol subsidy to end. More News New Mexico

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