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Economic Development Revitalization Act of 2011

Date: June 14, 2011
Location: Washington, DC
Issues: Energy

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Mr. WHITEHOUSE. Mr. President, I rise to discuss my vote on the motion to invoke cloture on Senator Coburn's amendment to the Economic Development Revitalization Act of 2011 to repeal the volumetric ethanol excise tax credit and the tariff on ethanol imports. I will vote against cloture on this amendment because of assurances that there would be another vote on ethanol subsidies in the near future without the extraordinary procedural problems occasioned by this amendment as it was brought to the floor.

My position on corn ethanol subsidies is clear. I am a cosponsor of Senator Coburn's Volumetric Ethanol Excise Tax Credit Repeal Act. I also signed a letter last fall along with several of my colleagues opposing the current extension of the volumetric ethanol excise tax credit and the tariff on ethanol imports.

I yield the floor.

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