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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (391079)	11/4/2010 5:17:45 PM
From: Snowshoe	1 Recommendation Read Replies (2) \| Respond to of 793574

Changing the subject, will Republicans let corn ethanol croak? That 45 cents/gallon blender's tax credit expires December 31st... Ethanol Credit for ADM May Be Target of Republican House bloomberg.com An early test will be whether a lame-duck Congress extends a 45-cent-a-gallon tax credit for blenders of ethanol that added more than $4.7 billion to the deficit last year, Chambliss said. “There are folks who ideologically don’t want to see the tax credit,” and those legislators will be emboldened by the election, Chambliss said in a telephone interview last week. Tax Compromise Before the new lawmakers take office in January, Congress may seek a short-term extension of the tax credit at 36 cents a gallon, said Kevin Book, the managing director of Clearview Energy Partners LLC.