Connect with us

Hi, what are you looking for?

Government

Pelosi Responds After Biden Asks Congress to Suspend Gas Tax


From WWW.THEEPOCHTIMES.COM

House Speaker Nancy Pelosi (D-Calif.) on June 22 was noncommittal on President Joe Biden’s request to suspend the gas tax for three months.

“We will see where the consensus lies on a path forward for the President’s proposal in the House and the Senate,” Pelosi said in a statement, noting that House Democrats have passed several bills meant to lower gas prices, such as one that would bar gas stations from price gouging.

None of the bills have been voted on by the Senate.

Biden, shortly before Pelosi’s statement, said in remarks from the White House that Congress suspending the tax for 90 days would “give families just a little bit of relief.”

The government charges a tax of 18 cents per gallon, and the tax helps fund the Highway Trust Fund.

Congress should also allocate approximately $10 billion, which is the projected shortfall for the fund if the tax suspension is passed, according to Energy Secretary Jennifer Granholm.

“We’ll still be able to fix our highways and bring down the prices of gas” if that happens, Biden said. “We can do both at the same time.”

Advertisement. Scroll to continue reading.
Advertisement
Advertisement

Gas prices have skyrocketed since Biden took office in January 2021. The national average, as measured by the American Automobile Association (AAA), crossed $5 a gallon for the first time ever this month.

Support in Congress is mixed for a gas tax suspension, even among Democrats.

Rep. Tom O’Halleran (D-Ariz.), who introduced legislation that would suspend the tax, cheered Biden’s call.

“This gas tax suspension would put money directly back into their pockets, lower shipping costs, and help address inflation—I encourage the president to extend his suspension ask to the end of this year,” he said in a statement.

Sen. Tom Carper (D-Del.), expressed the opposite view, calling a suspension “a shortsighted and inefficient way to provide relief.”

Democrats control both chambers in Congress, but would need Republican support to pass a suspension in the S… (Read more)

Advertisement. Scroll to continue reading.

Comments
Advertisement

Trending

You May Also Like

Fox News

Fox NewsMon, July 4, 2022 3:28amURL:Embed:‘The Next Revolution’ host Steve Hilton says the country is yearning to return to ‘simple old-fashioned patriotic culture.’ #FoxNews...

Fox News

Fox NewsMon, July 4, 2022 2:29amURL:Embed:‘The Big Sunday Show’ panelists discuss ongoing protests that have occurred following the Supreme Court’s decision to overturn Roe...

Fox News

Fox NewsMon, July 4, 2022 1:28amURL:Embed:‘Sunday Night in America’ host marks Independence Day with a message about the trajectory of the country and the...

Government

From WWW.FOXNEWS.COM Health and Human Services Secretary Xavier Becerra revealed that the federal government is exploring a range of options to support the ability...

Fox News

Fox NewsMon, July 4, 2022 12:30amURL:Embed:‘The Big Sunday Show’ panelists react to Amazon’s Jeff Bezos slamming President Biden for pinning surging gas prices on...

Government

From WWW.FOXNEWS.COM The Associated Press reported Sunday that President Biden’s speech on July 4, 2021, “marked a crossroads” for his presidency and described his...

Government

From THEHILL.COM Department of Homeland Security (DHS) Secretary Alejandro Mayorkas said on Sunday that federal authorities have seen a “heightened threat environment” during the...

Government

From WWW.FOXNEWS.COM Wisconsin Lt. Governor and U. S. Senate candidate Mandela Barnes was filmed on video decrying the founding of America as terrible and...

Fox News

Fox NewsSun, July 3, 2022 11:28pmURL:Embed:Rep. Jeff Van Drew, R-N.J., joined ‘Fox News Live’ to discuss President Biden’s Twitter message to oil and gas...

Government

From WWW.FOXNEWS.COM U. S. postal service officials have sounded the alarm over at least six armed robberies on mail carriers that happened in Maryland...

Advertisement