Alexander, Corker Vote For Senator Coburn’s Ethanol Amendment

Tuesday, June 14, 2011

Senators Lamar Alexander voted on Tuesday for an amendment offered by Senator Tom Coburn (R-Okla.) that would end the 45-cent blender tax credit for ethanol, as well as the 54-cent tariff on imported ethanol. Senator Bob Corker, a member of the Senate Energy and Natural Resources Committee also voted for the amendment. The amendment failed to receive the 60 votes necessary to advance.

Sen. Alexander said, “This is a vote for lower food prices and a lower federal debt, both of which are necessary to create a better economy and more jobs.”

Sen. Corker said, “For a long time, these massive taxpayer subsidies have been a senseless, egregious and costly market distortion that our country cannot afford. You know you’ve got a bad policy when the very people benefiting from it are now saying it’s ridiculous and want it to end. By ending both the subsidies and the corresponding import barriers to ethanol, we can save $6 billion and restore market forces to a fully mature market.”

Ethanol tax credits account for roughly $6 billion in federal spending annually through the tax code, and according to both the Congressional Budget Office and the U.S. Government Accountability Office, do nothing to guarantee domestic ethanol production.


Cleveland State's SBDC Sponsors Personal Finance Preparation And Business Plan Development Workshops

Cleveland State’s Small Business Development Center (SBDC) is hosting two upcoming workshops, Preparing for Entrepreneurship: Personal Finance Preparation will be held on Wednesday, from 11:30 a.m.-1 p.m. in room 130 of the Technology Building on the CSCC campus. This seminar is sponsored by the SBDC and will be presented by Mary Johnston, staff accountant with Sound Accounting, ... (click for more)

House Passes Bills To Lower Energy Costs, Provide Jobs

Rep. Chuck Fleischmann applauded the passage of two separate pieces of legislation aimed at providing Americans relief from high energy costs and encouraging job creation. “Traveling across the 3rd District and talking to constituents has made it clear that the American people are hungry for common sense solutions that will get our country moving forward,” said Rep. Fleischmann. ... (click for more)

Woman Stabbed Multiple Times On Cleveland Avenue Early Thursday Morning

A woman was stabbed multiple times early Thursday morning. At approximately 3 a.m., Chattanooga Police responded to 2104 Cleveland Ave. for a stabbing. Officers located a black female in the roadway suffering from multiple stab wounds. The victim was transported to a local hospital by HCEMS for her injuries and is in stable condition. Investigators have not been able to ... (click for more)

City Council Taking Applications From Those Interested In Serving On City IDB

The City Council is taking applications from those interested in serving on the city industrial Development Board (IDB).   There are four vacancies on the board that has been in the news for its controversial approval and re-approval of $9 million in Tax Increment Financing (TIF) for developers of Aetna Mountain. Resumes are due by Sept. 29.   ... (click for more)

Walking Among Memories, The USS LST-325

I have walked among the head stones at Flanders Fields and have seen the entrenchment of soldiers with only bayonet tips sticking out of the earth. Later I traveled to Normandy where I stood on the sand and made scuff marks with my shoes on Omaha Beach and climbed the hill to the magnificent American Cemetery there. I again walked among the many, many tomb stones so neatly and ... (click for more)

Roy Exum: Troubling Jameis Winston

One of the greatest things about the American legal system is that each and every crime is judged on its own merits. Just because Arizona Cardinals running back Jonathan Dwyer and Carolina Panthers defensive end Greg Hardy were each arrested for domestic abuse earlier this week, each National Football League football hero will be given an independent hearing and trial, if need be, ... (click for more)