Obama himself, in 2008 called a federal “gas tax holiday” a gimmick, and he was right. So what does Joe Biden do?? With a gallon of gas at about $5 per gallon nationally, corrupt old Joe will propose a three month gas holiday with will save roughly 18 cents for gallon of gas every time you fill up. So instead of paying $5 per gallon for gas, you’ll pay instead abut $4.82 for three months, before the extra 18 cents returns.
“A federal gas tax suspension alone won’t fix the problem we face,” a senior administration official told reporters Tuesday night. “But it will provide families a little breathing room.”
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Biden’s gas tax holiday, however, has already been met with skepticism from senior Democrats in the House. Speaker Nancy Pelosi and others have questioned whether the policy will lead to savings at the pump, rather than excess profits for gas companies. Democrats chose not to include it in their own bill aimed at lowering gas prices last month.
“I’ve not been a proponent of the gas tax,” House Majority Leader Steny Hoyer said in a brief interview on Tuesday night. “I just don’t know that it gives much relief.”