Today, U.S. Senator Jim DeMint (R-South Carolina) announced his support for the repeal of subsidies, mandates, and tariffs on ethanol. Senator DeMint will vote in support of an amendment offered by U.S. Senator Tom Coburn (R-Oklahoma) to repeal the ethanol subsidy and the tariff on ethanol imports. Senator Coburn filed a cloture petition on the amendment on Thursday to end debate, which Senator DeMint signed, forcing a vote on Tuesday afternoon. Senator DeMint announced that he also plans to offer an amendment to repeal the renewable fuels standard that requires blenders to use ethanol.
"Dr. Coburn has been the champion on repealing the misguided ethanol subsidy, and I am glad we are finally going to get it done. Washington's ethanol policies are a case study in why government attempting to pick winners and losers is a bad deal for taxpayers. Americans are being forced to subsidize corn ethanol that drives up the cost of gas, lowers gas mileage, harms automobile engines, releases carcinogens into the air, and drives up food prices which harms the poor."
"Unfortunately, Washington's bad ethanol policies don't end with just subsidies and tariffs, we must also repeal the mandate, which my amendment would do," said Senator DeMint, whose amendment will also permanently repeal the death tax. "The best way to help family farmers is not with mandates, subsidies, and protective tariffs. We can help farmers and stimulate the economy by repealing the unfair death tax, which cripples family farms and small businesses all over this country."