Ethanol vote - Tuesday

hot_rod · 06-10-2011, 12:13 PM

Maybe we will finally get this $hit out of our fuel!

From the hill:

http://thehill.com/blogs/floor-actio...ol-tax-credits

Senate to vote on amendment to strip ethanol tax credits
The Senate on Tuesday will hold a procedural vote on an amendment that would eliminate about $6 billion in tax credits provided annually to subsidize blenders of ethanol.
The vote comes after the amendment’s sponsor, Sen. Tom Coburn (R-Okla.), presented 16 signatures from other senators to the Senate clerk Thursday and demanded that a vote to limit debate be placed on the schedule.
Coburn has been pushing for a vote on the amendment throughout the year, selling it as an important step toward slashing out-of-control government spending.
"If Congress can't cut a corporate welfare subsidy the corporations themselves don't want, what can we cut?" asked Coburn in March when he was attempting to attach the amendment to the Small Business Administration (SBA) funding bill. "Ethanol is a case study of how parochialism trumps progress in Congress. Sooner or later, the Senate will take a vote on this issue."
Coburn’s amendment would repeal the Volumetric Ethanol Excise Tax Credit, scratching the 45-cent blender tax credit for ethanol and the 54-cent tariff on imported ethanol.

CWO_Maddog · 06-10-2011, 02:53 PM

I do not want ethanol in my vehicle, period.

UT-Engineer · 06-10-2011, 03:00 PM

Quote:

Originally Posted by CWO_Maddog

I do not want ethanol in my vehicle, period.

8cd03gro · 06-10-2011, 03:30 PM

As long as they don't get rid of e85. . .

BigDan · 06-10-2011, 03:38 PM

Quote:

Originally Posted by 8cd03gro

As long as they don't get rid of e85. . .

*Mr. Wyndham* · 06-10-2011, 08:01 PM

Never had, and never will have an issue with Ethanol.

Don't care for the tax subsidy as-is, though...this will be interesting to follow.

8cd03gro · 06-10-2011, 08:48 PM

+1 I don't understand why everyone has an issue with ethanol.

joedirtfxr · 06-10-2011, 09:05 PM

Quote:

Originally Posted by 8cd03gro

+1 I don't understand why everyone has an issue with ethanol.

Ethanol is corn. Everything you eat and drink has it. This is why food prices are to high..I heat my home with corn . The price of corn has tripled over three years.

*Mr. Wyndham* · 06-10-2011, 09:44 PM

Quote:

Originally Posted by joedirtfxr

Ethanol is corn. Everything you eat and drink has it. This is why food prices are to high..I heat my home with corn . The price of corn has tripled over three years.

I'd respond...but it'll get off-topic quick.

truth411 · 06-10-2011, 10:30 PM

Quote:

Originally Posted by joedirtfxr

Ethanol is corn. Everything you eat and drink has it. This is why food prices are to high..I heat my home with corn . The price of corn has tripled over three years. :(

anywho My only issue is E15 which could possible harm vehicles.

Just a Thought: IF car manufacters like GM gave their performance cars an E85 Tuned for more Horsepower since E85 is similar to race gas, I bet the performance junkies would buy it. Those guys aren't exactly into Fuel econmy anyways.

joedirtfxr · 06-10-2011, 11:00 PM

Quote:

Originally Posted by truth411

anywho My only issue is E15 which could possible harm vehicles.

Just a Thought: IF car manufacters like GM gave their performance cars an E85 Tuned for more Horsepower since E85 is similar to race gas, I bet the performance junkies would buy it. Those guys aren't exactly into Fuel econmy anyways.

THE ONLY REASON THEY PUT GAS IN IT IS SO YOU CANT DRINK IT.........

Brokinarrow · 06-11-2011, 09:53 AM

Quote:

Originally Posted by truth411

anywho My only issue is E15 which could possible harm vehicles.

Just a Thought: IF car manufacters like GM gave their performance cars an E85 Tuned for more Horsepower since E85 is similar to race gas, I bet the performance junkies would buy it. Those guys aren't exactly into Fuel econmy anyways.

Meh, been using E15 in all my vehicles without issue so far. And as for the 'ethanol is stealing corn from our food supply' comment, I'm fairly sure that the corn used for ethanol is not the type used for human consumption. Could be wrong on that, don't feel like putting in the effort to research right now :P

CWO_Maddog · 06-14-2011, 12:24 PM

Any word on this vote?

hot_rod · 06-14-2011, 01:18 PM

Quote:

Originally Posted by CWO_Maddog

Any word on this vote?

I haven't seen any breaking news on it today.

The Post ran this article last Friday. Guess there is more to it than just getting rid of the subsidies, aka....politics as usual....

http://www.washingtonpost.com/busine...qOH_story.html

06-10-2011, 12:13 PM	#1
hot_rod Drives: 2010 2SS RS Join Date: Feb 2010 Location: Texas Posts: 1,222 View My Garage	Ethanol vote - Tuesday Maybe we will finally get this $hit out of our fuel! From the hill: http://thehill.com/blogs/floor-actio...ol-tax-credits Senate to vote on amendment to strip ethanol tax credits The Senate on Tuesday will hold a procedural vote on an amendment that would eliminate about $6 billion in tax credits provided annually to subsidize blenders of ethanol. The vote comes after the amendment’s sponsor, Sen. Tom Coburn (R-Okla.), presented 16 signatures from other senators to the Senate clerk Thursday and demanded that a vote to limit debate be placed on the schedule. Coburn has been pushing for a vote on the amendment throughout the year, selling it as an important step toward slashing out-of-control government spending. "If Congress can't cut a corporate welfare subsidy the corporations themselves don't want, what can we cut?" asked Coburn in March when he was attempting to attach the amendment to the Small Business Administration (SBA) funding bill. "Ethanol is a case study of how parochialism trumps progress in Congress. Sooner or later, the Senate will take a vote on this issue." Coburn’s amendment would repeal the Volumetric Ethanol Excise Tax Credit, scratching the 45-cent blender tax credit for ethanol and the 54-cent tariff on imported ethanol. __________________ "Never argue with a fool, onlookers may not be able to tell the difference." - Mark Twain "Never argue with an idiot, they drag you down to their level and beat you with experience" - Unknown

06-10-2011, 08:01 PM	#6
Mr. Wyndham I used to be Dragoneye... Drives: 2018 ZL1 1LE Join Date: Jan 2007 Location: Buffalo, NY Posts: 31,873 View My Garage	Never had, and never will have an issue with Ethanol. Don't care for the tax subsidy as-is, though...this will be interesting to follow. __________________ *"Keep the faith."* - Fbodfather

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06-10-2011, 02:53 PM	#2
CWO_Maddog Drives: 1998 SS (yes, single 3" pipe) Join Date: Apr 2011 Location: Dothan, AL Posts: 19	I do not want ethanol in my vehicle, period.

06-10-2011, 03:30 PM	#4
8cd03gro Drives: 2005 STi corn fed Join Date: Jul 2008 Location: Colorado Posts: 2,997	As long as they don't get rid of e85. . .

06-10-2011, 08:48 PM	#7
8cd03gro Drives: 2005 STi corn fed Join Date: Jul 2008 Location: Colorado Posts: 2,997	+1 I don't understand why everyone has an issue with ethanol.

06-14-2011, 12:24 PM	#13
CWO_Maddog Drives: 1998 SS (yes, single 3" pipe) Join Date: Apr 2011 Location: Dothan, AL Posts: 19	Any word on this vote?