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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: Hemant on June 14, 2011, 11:00:50 am

Title: Senate to vote on repealing ethanol tax credits
Post by: Hemant on June 14, 2011, 11:00:50 am
Senate to vote on repealing ethanol tax credits

With lawmakers desperately working to shave federal budget deficits, the Senate is debating a measure to eliminate ethanol tax credits that pay the oil industry $5 billion a year. The biggest defenders of the subsidies, however, include farm belt conservatives leading the charge for less government.

Source: Senate to vote on repealing ethanol tax credits (http://www.marketracks.com/commodities/senate-to-vote-on-repealing-ethanol-tax-credits/forward/1064/)