WASHINGTON, July 8 (UPI) -- Negotiators in the U.S. Senate say they've agreed on a final deal that would end a 45-cent-per-gallon tax credit for ethanol, sending it to the House.
Under an agreement announced by Sens. Dianne Feinstein, D-Calif., John Thune, R-S.D. and Amy Klobuchar, D-Minn., the ethanol tax credit would expire July 31 instead of Dec. 31, producing a savings of roughly $2 billion, the Minnesota Star Tribune reported Thursday.