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Wednesday, June 22, 2022
In a speech Wednesday afternoon, Biden will request a three-month break in the 18.3-cent-per-gallon gas tax “without harming the Highway Trust Fund,” according to an administration official. He will also ask states to suspend their gas taxes as well.
But the request will likely face opposition in Congress. Republicans are opposed to the idea while some Democrats have questioned whether the oil companies would absorb the savings.
Biden’s former boss, President Obama, once called such a move a “gimmick.”
companies like Shell and BP just reported record profits for the
quarter and we're arguing over a gimmick to save you half a tank of gas
over the course of the entire summer so that everyone in Washington can
pat themselves...Read more and see tweets here.