They were so close.
After weeks of negotiations, U.S. House and Senate leaders had agreed on a year-end spending bill that would fund the federal government through March 14, extend the 2018 Farm Bill through next September, and provide more than $100 billion in disaster aid. The legislation included numerous other policies, including at least two that had been priorities for Iowa’s members of Congress. The bill would have legalized year-round sales of higher ethanol blends known as E-15 in all states. It also contained new regulations for pharmacy benefit managers (PBMs), which could have saved consumers billions while helping small pharmacies.
All of the Iowans in Congress have talked up E-15 as a path to U.S. energy independence. (In reality, only about 3,400 of some 198,000 gas stations across the country dispense higher ethanol blends.) Representative Mariannette Miller-Meeks (IA-01) and Senator Chuck Grassley have been among the most vocal proponents of PBM reform, calling for action on prescription drug middlemen in draft bills, press releases, news conferences, House and Senate hearings, floor speeches, and taxpayer-funded radio ads.
Little did they know that President-elect Donald Trump and his billionaire buddy Elon Musk were about to blow up the deal.
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