Barack Obama: “But had I been present, I would have voted against waiving the Budget Act in relation to the Gregg amendment to…”

“But had I been present, I would have voted against waiving the Budget Act in relation to the Gregg amendment to eliminate the 54-cents-per-gallon tariff on imported ethanol. This amendment to lift the tariff against Brazilian ethanol would merely replace our dependence on foreign oil with a new dependence on foreign ethanol. If we are serious about addressing national and economic security, we need to develop a robust renewable fuels industry in this country. This amendment would frustrate that goal.”