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	<title>gas tax &#8211; Cincy Link</title>
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		<title>Gas tax holiday not necessarily off the table, Dems say</title>
		<link>https://cincylink.com/2023/07/17/gas-tax-holiday-not-necessarily-off-the-table-dems-say/</link>
					<comments>https://cincylink.com/2023/07/17/gas-tax-holiday-not-necessarily-off-the-table-dems-say/#respond</comments>
		
		<dc:creator><![CDATA[cincylink]]></dc:creator>
		<pubDate>Mon, 17 Jul 2023 05:18:48 +0000</pubDate>
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					<description><![CDATA[There is a possibility we’ll see a federal gas tax holiday this summer. Rep. Hakeem Jeffries, D-N.Y., announced Wednesday that House Democrats intend to pass legislation addressing high gas prices in the coming weeks. “it's a day-to-day or week-to-week, certainly a month-to-month expense. and it's going to require a comprehensive response. That comprehensive response is &#8230;]]></description>
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<p>There is a possibility we’ll see a federal gas tax holiday this summer.</p>
<p>Rep. Hakeem Jeffries, D-N.Y., announced Wednesday that House Democrats intend to pass legislation addressing high gas prices in the coming weeks.</p>
<p>“it's a day-to-day or week-to-week, certainly a month-to-month expense. and it's going to require a comprehensive response. That comprehensive response is in the works. And the sooner we can get it done, the better, hopefully over the next few weeks,” Jeffries said.</p>
<p>When asked about a possible gas tax holiday, Jeffries said, “It’s part of the discussion, and the discussion is ongoing.”</p>
<p>However, last month, Speaker Nancy Pelosi, D-Calif., said a gas tax suspension was not plausible, as there is no way to ensure gas companies will pass the savings on to customers.</p>
<p>Democrats will likely try to address gas prices in other forms,</p>
<p>Jeffries suggested Wednesday that it is possible there will be a vote on gas price legislation by the end of May before Congress takes a recess for Memorial Day. But they’ll need cooperation from Senate Republicans for that to happen.</p>
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<br /><a href="https://www.wcpo.com/news/national/federal-gas-tax-holiday-not-necessarily-off-the-table-rep-jeffrie-says">Source link </a></p>
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		<title>Lawmakers cast doubts over President Biden&#8217;s plan to suspend gas tax</title>
		<link>https://cincylink.com/2023/07/12/lawmakers-cast-doubts-over-president-bidens-plan-to-suspend-gas-tax/</link>
					<comments>https://cincylink.com/2023/07/12/lawmakers-cast-doubts-over-president-bidens-plan-to-suspend-gas-tax/#respond</comments>
		
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		<pubDate>Wed, 12 Jul 2023 04:51:23 +0000</pubDate>
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					<description><![CDATA[Lawmakers responded to President Joe Biden’s call to suspend the gas tax with skepticism as the president tries to combat near record-high gas prices. On Wednesday, Biden urged Congress to suspend the government’s gas tax for three months, which is 18 cents for regular gas and 24 cents for diesel. He also called on states &#8230;]]></description>
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<p>Lawmakers responded to President Joe Biden’s call to suspend the gas tax with skepticism as the president tries to combat near record-high gas prices.</p>
<p>On Wednesday, Biden urged Congress to suspend the government’s gas tax for three months, which is 18 cents for regular gas and 24 cents for diesel. He also called on states to suspend their respective gas taxes. States, on average, charge a gas tax of 31 cents per gallon.</p>
<p>“When you look at the problems with high gas prices, we have a demand problem,” said Chuck Grassley, R-Iowa. “And the proposal that you're hearing from the White House deals with the demand problem. We have a supply problem that needs to be dealt with.”</p>
<p>“I want to get more data on whether this kind of savings would actually be passed on to consumers,” Sen. Mark Warner, D-Virginia, said. “ I've seen other states do this, but I don't think the data reflects that the consumers benefit. I understand people are hurting because of the high price of gas and the president's got to use all the tools in his toolkit.”</p>
<p>The senators’ comments show that Biden’s plan faces a lot of difficulty in order to be enacted.</p>
<p>The White House estimates that eliminating the gas tax would cause revenue for the Highway Trust Fund to drop by $10 billion. The Biden administration said due to a $1.6 trillion drop in the deficit, the government can afford to suspend the gas tax while using other revenues to make the Highway Trust Fund whole.</p>
<p>Biden urged the oil industry to pass on any savings to consumers.</p>
<p>"I'm doing my part. I want the Congress, the states, and the industry to do their part as well," he said.</p>
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