Will a tax deal leave out ethanol credits?

Agriculture.com
DANIEL LOOKER
12/02/2010 @ 1:23pm
Business Editor

As behind-the-scenes negotiations of the fate of Bush-era tax cuts continue, one senator who supports keeping a tax credit for ethanol said Thursday that he’s not certain of its fate.

Senator Tom Harkin, a liberal Democrat from Iowa who says he’s willing to battle GOP efforts to maintain tax breaks for the wealthiest Americans on Christmas day if necessary, said he doesn’t know what will happen to another tax break that’s scheduled to expire at the end of this month, the 45¢ per gallon tax credit for ethanol.

“All I can say is I’m going to fight hard for it,” Harkin told Agriculture.com.

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