Pete Domenici: “this doesn't mark the end of this bill. This marks the beginning of completing a process in the Senate so we will have a…”

“this doesn't mark the end of this bill. This marks the beginning of completing a process in the Senate so we will have a bill that can be signed and that will be an excellent bill for the American people. That means we have to go to work in trying to fix some of the problems the House bill has generated for us. First of all, we are talking about ethanol II, the successor to the ethanol bill we passed, which includes a very hopeful future for wheat and the kinds of things that are going to go into the thing that follows ethanol. We cannot accomplish them, it seems to us, with what they have in this bill. We have to look at that and see what we can do to fix it. In addition, we have to do something about both taxes and the mandatory 15 percent that is required for electric generation in this bill. We have to look at that and others. I hope this sends a signal so Senator Bingaman and I--he as chairman and I as ranking member--can work with everybody who has concerns and put together an amendment we can offer that sends this bill back to the House, corrected and fixed, where it can become law and where it is more to the accomplishment of what we expected when we passed the bill in the Senate. I note the presence of Senator Bingaman. I hope he concurs. Our staffs ought to go to work and have something by Monday, I hope. I yield the floor.”