"Ethanol has increased the average American's grocery bill $47 since July," said Sen. Chuck Schumer, citing figures from Iowa State University.
Schumer (D-N.Y.) is pushing for an immediate end to the 54-cent-per-gallon tariff on ethanol imports as a way to increase the supply of the federally mandated fuel additive, reduce pressure on the corn market and bring down milk prices.
"Bring the cheaper ethanol in, reduce the price of corn, and then reduce the price of milk," he said.
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