Grassley: Muted praise for ethanol deal

Sen. Chuck GrassleyCharles (Chuck) Ernest GrassleyKlobuchar: ObamaCare a 'missed opportunity' to address drug costs Just one in five expect savings from Trump tax law: poll Divisions emerge over House drug price bills 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.


He weighed in after Sen. Dianne FeinsteinDianne Emiel FeinsteinOvernight Health Care — Presented by PCMA — FDA issues proposal to limit sales of flavored e-cigs | Trump health chief gets grilling | Divisions emerge over House drug pricing bills | Dems launch investigation into short-term health plans The Hill's Morning Report - Boeing crisis a test for Trump administration Trump faces growing pressure over Boeing safety concerns MORE (D-Calif.), an ethanol foe, rolled out the compromise she struck with Sens. John ThuneJohn Randolph ThuneSenators offer bipartisan bill to fix 'retail glitch' in GOP tax law GOP's Tillis comes under pressure for taking on Trump We need a national privacy law that respects the First Amendment MORE (R-S.D.) and Amy KlobucharAmy Jean KlobucharO'Rourke says he won't use 'f-word' on campaign trail Officials dismiss criticism that Trump rhetoric to blame for New Zealand attack Trump reignites criticism of McCain months after senator's death 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.