President Joe Biden speaks about gas prices in the South Court Auditorium on the White House campus, Wednesday, June 22, 2022, in Washington. (AP Photo/Evan Vucci) more > President Biden on Wednesday announced his plan to reduce sky-high gasoline prices that relied on just about everybody — state governments, Congress, oil companies — besides the White House to do something about it, but just about everybody involved panned the “call to action.”
Mr. Biden called for Congress to pass a three-month suspension of the 18.4-cent-per-gallon federal tax on gasoline and the 24-cent-per-gallon federal tax on diesel.
He urged states to pause their gas taxes, many of which are higher than the federal rate. The president also asked the oil industry to lower its profits while increasing supply and refining capacity.
“I’m doing my part,” Mr. Biden said. “I want the Congress, states and the industry to do their part as well.”
The White House said the actions, taken together, could reduce fuel prices by up to $1 per gallon.
The proposal met swift blowback from members of the president’s party. Democratic leaders in Congress revolted against his call to suspend the gas tax.
“I’m going to look at it — certainly — sympathetically, in the sense that the president is trying to do what I think is a good objective,” said House Majority Leader Steny H. Hoyer, Maryland Democrat. “What I’m not sure of is, in fact, that will have the intended effect … and whether it will save consumers money.”
Rep. Peter DeFazio, Oregon Democrat and chairman of the Transportation and Infrastructure Committee, said it was a “well-intentioned but ill-conceived policy.”“I’m going to be working against it,” he said. “I do not support suspending the gas taxes. You know what happens in this town? You suspend the tax, it’s gone forever. Because then what? This […]
Don’t wait until food shortages get REALLY bad before stocking up. Get a three-month’s supply now while it’s still available.
We Often Feel Like David Taking on Giants
Today’s Goliath is the Mainstream Media Industrial Complex that brainwashes the masses.
Our mission is very straightforward: To counter the false narratives and nefarious agendas destroying America today. It isn’t easy for obvious reasons; despite incredible growth over the last year we are still a very tiny fish in a huge media pond. But we’re fighting and we will continue to do so, Lord willing, for as long as we possibly can. The battle for America’s present and future is too important for us to back down to the giants that stand in our way.
We need help. I don’t want to say “desperately,” but the need is definitely great. If you have the means, please donate through our GivingFuel page, PayPal, or our brand new GiveSendGo page. Your generosity is what keeps these sites running and allows us to get the truth to the masses. We’ve had great success in growing but we know we can do more with your assistance.
Thank you, and God Bless!