7-7 IAN Wyatt on GIPSA
Cattlemen scored two big victories in Washington, D.C., a few weeks back. First, the U.S. Senate overwhelmingly voted to end 30 years of taxpayer support for the corn-based ethanol industry. In a 73-27 vote, the Senate passed legislation introduced by Senators Dianne Feinstein (D-Calif.) and Tom Coburn (R-Okla.) to repeal the 45-per cent Ethanol Excise Tax Credit and the 54-cent per gallon tariff on imported ethanol.
On the other side of Capitol Hill, in the House of Representatives, lawmakers passed the fiscal year 2012 agriculture appropriations bill that included language to defund the U.S. Department of Agriculture's proposed livestock and poultry marketing rule.
