Desperate Joe Biden will call on Congress this week to enact a three-month “holiday” on the national gas tax. A move that economists say can reduce the cost per gallon of gas by 18 cents.
“I want to be very clear, the president is calling on Congress to take this step to help American families without harming the Highway Trust Fund, which is funded by these taxes,” a senior administration official said Tuesday evening.
“Biden will also call on states, oil companies and retailers to pause gas taxes. The Penn Wharton Budget Model published estimates Wednesday revealing that gas tax holidays in Georgia, Maryland and Connecticut saved consumers money at the pump. Most of the savings in these areas went to consumers instead of service stations and others in the energy sector,” reports Fox News.
“[Biden] believes that states, oil companies and retailers have a responsibility in this unique moment – to do their part to ameliorate Putin’s price hike,” the official said. “He’s calling on states to suspend their gas taxes or else find other ways to deliver the same relief, such as consumer rebates or relief payments.”
“He is also calling on the industry to put its record profits to work and step up with more supply and more refining capacity to bring down gas prices and specifically calling for major oil refineries to come to the table with concrete solutions when the secretary of energy convenes them later this week,” the official added.
Such a joke
Biden just said that he is reducing the cost of gas with his corrupt policies by 1.00/gal!
Economists that have also been wrong on everything say .18 cents /per Gal!
If he’d rescind some of the EO’s he signed on day 1 and/or open our reserves he could fix HIS price hike. Prices have been climbing since before the Russian/Ukrainian war and it’s because of Biden’s policies and poor leadership abilities. The man has never been qualified to be a president. The older he gets the less qualified he becomes. Put him in a recliner, put a blanket over his lap and give him a pudding cup–it’s passed time for him to retire.
No one in DC cares what we think. That’s why I want Elon to step up to a podium & ask where he’s supposed to get his tires, Steering wheels, dash parts, etc. if we don’t pump for plastic.
Once again, it is up to a democratic president to clean up the previous republican president’s mess. Republicans spend and spend and spend, then suddenly become fiscal hawks when they are out of office. It’s been typical since reagan. Seriously, don’t take my word for it, google it! Under reagan, both the annual deficit and the national debt almost TRIPLED. More federal debt was added during reagan’s tenure than in the ENTIRE prior history of the United States. George w bush racked up more than $3 TRILLION in deficits, and trump added over $6 TRILLION. Look at GDP during dem vs. rep presidencies. It all shows that republicans do NOT know how to run an economy… unless you count running it into the ground as an effective strategy.