Monday, November 21, 2022

Biden wanted to suspend gas tax for 90 days

Biden Pipe Dream Went Up in Smoke

Biden is 100% responsible for our energy prices

In order to sweeten the deal and make it seem like he was really helping out families, Biden “called on states to take steps removing their own taxes on gas and diesel.” Forget it, they were quick to shoot back. Joe also hammered “oil refining companies to increase their capacity.”

Congress turned him down this year on just another one of his cockamamie ideas.

Rep. Peter DeFazio (D–Ore.), chairman of the House Transportation Committee, released a statement calling the idea "well-intentioned" but full of problems. Chief among them is the fact that suspending the gas tax for 90 days would blow a $10 billion hole in the federal Highway Trust Fund, for which the gas tax acts as a user fee.

Oil companies explained to him, once again, that they’re already producing at capacity now and it’s the liberal anti-oil regulations which prevented any new refineries from being built in recent years. [deepstaterabbithole]

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