Biden proposing a three-month gas tax holiday
9 days ago - By NBC News
As high gas prices continue to impact the nation, President Biden is proposing a three-month gas tax holiday to Congress. The proposal could reduce gas prices by 18 cents per gallon. However, some economists warn Biden's plan may add to inflation. Many Republicans are criticizing the president's proposition and even some Democrats are unsure about it, making it unclear if it will pass in Congress.
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Gas tax holiday is Biden's latest price-spike pothole with Hill Dems
9 days ago - By Politico
President Joe Biden's gas tax holiday is too little, too late for vulnerable Democrats running for reelection this fall.
Four months after incumbents in tough races pressed Biden for a gas tax reprieve to quell consumer anger over high prices, he tried to signal he's listening by proposing a three-month suspension of the 18.4-cent per gallon fuel levy on Wednesday. Yet those same Democrats who once asked the president for help want a lot more.
Biden's break-glass moment on gas prices fell flat in the Capitol, with Democratic leaders keeping their distance and even those who support the...
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