Washington, D.C.-Senator Inhofe (R-OK), Ranking Member of the Senate Committee on Environment and Public Works, commented on today's vote on an amendment offered by Senators Feinstein (CA) and Coburn (OK) to the Economic Development Revitalization Act (S. 782), which eliminates the excise tax credit for ethanol. The amendment (Feinstein Amendment #476) passed with overwhelming bipartisan support, 73-27 in the Senate.
"Today's vote clearly demonstrates that Congress pushed too much corn ethanol too fast in 2007," Senator Inhofe said. "I appreciate the efforts of Senators Feinstein and Coburn to draw attention to this issue: Congress rarely reaches such overwhelming bipartisan agreements and I hope today's vote will provide the momentum needed to make necessary changes to the corn ethanol mandate."
