US House passes Farm Bill by veto-proof majority; $1.01 cellulosic ethanol subsidy still at risk as Senate votes

The US House of Representatives passed the Farm Bill by a vote of 308-106, a nearly 4-to-1 margin that led Agriculture Committee chairman Collin Peterson, Minnesota Democrat to remark “After this vote, it’s pretty clear we’re going to override the veto.”

President Bush said “If this bill makes it to my desk, I will veto it.” The Senate is expected to pas the bill, which contains a reduced $0.45 subsidy for conventional ethanol and a $1.01 subsidy to cellulosic ethanol, on Tuesday. The Farm Bill has not been vetoed by a President since 1956.

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