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President Biden is grasping at straws to reduce gasoline prices because he refuses to let the American people have access to oil and gas on their lands or modify regulations to encourage new refineries to be built. Instead, he has asked Congress to pass a gasoline tax holiday lifting the 18.4 cent federal tax on a […]
Americans need real regulatory reform, not empty gestures. WASHINGTON DC (06/22/2022) – Earlier today, President Joe Biden called for temporarily suspending the federal gasoline tax, asking lawmakers to pass a three-month pause on the federal 18-percent-per-gallon tax. This continues his administration’s routine of offering empty gestures to Americans who are struggling with record-high energy prices. […]
One of the proposals from California Governor Gavin Newsom to deal with high gasoline prices is to provide rebates to residents who own cars at $400 per registered vehicle, capped at two per person. The proposal would give $400 debit cards to those who own vehicles, as well as millions of dollars to transportation agencies to […]
With sky-high inflation reminding people of the economic malaise of the Carter years, it appears that some Members of Congress are actually looking back fondly on those times and are actively trying to relive those days. The latest bad idea that Congress is trying to revive is a new tax on oil profits modeled after the […]
Wyoming Governor Mark Gordon: “Mr. Biden, tear up your energy policy. Let Wyoming power our country.” The White House and top Democratic lawmakers are considering a federal gasoline tax holiday, potentially pausing fees at the pump to help combat rising gasoline prices. The hypocrisy of that move is almost laughable given that it is President Biden’s […]
It’s springtime, and American families are enjoying the newfound strength in the U.S. economy to travel. As usual, gasoline prices are going up as governmental regulations require our refineries each spring to change the blend of their gasoline to meet federal edicts just at the time of increased demand. It doesn’t help that the Socialist […]
Last month, presidential candidate Hillary Clinton released her “Plan for a Vibrant Rural America.” Despite Clinton’s claims, her plan will harm rural families. Moreover, by mandating expensive transportation fuels, Clinton’s plan amounts to a national gas tax. Clinton Flip-Flopped on Ethanol “Gas Tax” As a Senator, Clinton once adamantly opposed an early version of the […]
Last week, Mac Zimmerman penned an op-ed in The Wall Street Journal lambasting Congress for considering legislation to raise the federal gasoline tax to save the broken Highway Trust Fund (HTF) from insolvency. As the Policy Director for Americans for Prosperity explains, HTF wouldn’t need saving if it hadn’t been grossly misappropriating funds for years. But most importantly, Zimmerman makes […]
Congress created the Highway Trust Fund (HTF) in 1956 to fund construction of the Interstate Highway System. The HTF is funded primarily though an 18.4-cent per gallon federal excise tax on gasoline. Funding for the HTF expires May 31, and with the HTF facing a budget shortfall, some in Congress have proposed raising the federal […]
Congress created the Highway Trust Fund (HTF) in 1956 to fund construction of the Interstate Highway System. The HTF is funded primarily though an 18.4-cent per gallon federal excise tax on gasoline. Funding for the HTF expires May 31, and with the HTF facing a budget shortfall, some in Congress have proposed raising the federal […]