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Senate votes to kill ethanol subsidy - Mississippi Business Journal
WASHINGTON — The Senate’s 73-to-27 vote to wipe out a $5 billion tax credit for U.S. ethanol producers may be largely symbolic. The Senate approved an amendment to end the 45-cent-a-gallon subsidy the government gives refiners and the 54-cent-per-gallon tariff on imported ethanol from Brazil and other countries. The amendment, sponsored by Sen. Dianne Feinstein, ...