Author Archives: Philip Brasher

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Ethanol Subsidy Extended

Congressional negotiators have agreed to extend the 45-cent-per-gallon subsidy for ethanol for one year and also continue a tariff on imports of the biofuel, said Sen. Chuck Grassley, R-IA. The tariff will continue at 54 cents per gallon through 2011, said Grassley, who announced that the provisions would be included in tax legislation worked out