Energy

Tea Party backers, greens unite against ethanol tax credit

A grab-bag of groups from across the political spectrum are pushing Senate leaders to let a major ethanol tax break expire at year’s end.

Friends of the Earth, FreedomWorks (a conservative groups that supports the Tea Party movement), Taxpayers for Common Sense and food industry trade groups made their case in a letter Monday to Senate Majority Leader Harry Reid (D-Nev.) and Minority Leader Mitch McConnell (R-Ky.).

The tax credit for ethanol blenders helps boost the market for the corn-based fuel, but the groups call it wasteful and pointless.

Full Story: Tea Party backers, greens unite against ethanol tax credit – The Hill’s E2-Wire