Grassley: Muted praise for ethanol deal

Sen. Chuck GrassleyCharles (Chuck) Ernest GrassleyTrump-Pelosi fight threatens drug pricing talks Overnight Health Care — Presented by PCMA — Senators unveil sweeping bipartisan health care package | House lawmakers float Medicare pricing reforms | Dems offer bill to guarantee abortion access Bipartisan senators reveal sweeping health care package MORE (R-Iowa.), a strong ethanol advocate, is offering muted praise for the deal three senators announced Thursday that would quickly end a major ethanol industry tax break while extending some other biofuels incentives.

“All things considered, it’s good news that an agreement was reached that salvages some of the effort to reduce America’s dependence on foreign oil. I wish it would have included a more robust investment in alternative fuel infrastructure and cellulosic ethanol,” Grassley said in a statement.

ADVERTISEMENT

He weighed in after Sen. Dianne FeinsteinDianne Emiel FeinsteinFive takeaways from Barr's new powers in 'spying' probe Senate Democrats to House: Tamp down the impeachment talk Feinstein, Iranian foreign minister had dinner amid tensions: report MORE (D-Calif.), an ethanol foe, rolled out the compromise she struck with Sens. John ThuneJohn Randolph ThuneFrustration boils over with Senate's 'legislative graveyard' Hillicon Valley: Assange hit with 17 more charges | Facebook removes record 2.2B fake profiles | Senate passes anti-robocall bill | Senators offer bill to help companies remove Huawei equipment Senate passes anti-robocall bill MORE (R-S.D.) and Amy KlobucharAmy Jean Klobuchar2020 hopeful John Delaney unveils T climate plan Samantha Bee slams 2020 Democrats who go on Fox News Poll: Harris, Warren climb as Biden maintains lead MORE (D-Minn.), who are backers of the corn-based fuel.

Grassley isn't alone in having mixed feelings about the three senators' compromise — so does a coalition of industry, environmental and conservative groups that oppose corn ethanol subsidies.

They are preparing a statement that will praise Feinstein’s work and laud the quick end of the multibillion-dollar blenders’ credit in the proposal, while expressing concern that the deal extends tax incentives for ethanol pumps at gas stations.

Livestock, poultry and grocery trade groups; environmental organizations; and taxpayer advocates oppose ethanol subsidies.