Political Quotes

“I extend my gratitude to Senator Baucus for working together with the Vice President, the Speaker of the House and myself to reach a compromise on the ethanol issue in the energy bill conference agreement. We understand this is a very important issue to him and to the country and his efforts on this matter have been crucial to developing a strong energy policy. As per the agreement, I would like to reiterate our commitment regarding the portions of the ethanol issue which are not currently in the conference agreement. In the next highway bill, we will make certain that the 2.5 cents that currently goes into the General Fund, as well as the proceeds from repealing the 5.2 cents from the ethanol tax exemption, are credited to the Highway Trust Fund. Moreover, it would be my desire to hold the Highway Trust Fund harmless with respect to this late date of enactment. Once again, I thank Mr. Baucus for working closely with us to resolve this very important issue. We look forward to enacting these provisions.”