Pres. Biden said he could make a decision as soon as this week on whether to support Congress instituting a pause on the federal gas tax of 18.4 cents per gallon.
The president said Monday he could make a decision as soon as this week on whether to support Congress instituting a pause on the federal gas tax of 18.4 cents per gallon, whichsaid on Sunday
A gas tax holiday would require approval from Congress, where Democrats hold a fragile majority. House Speaker Nancy Pelosi has previously spoken skeptically of the idea, saying it was possibly better "PR" than policy. "These factors are unlikely to diminish immediately, but over time, I certainly expect inflation to come down," she said.
"Bidenflation is costing average Americans an extra $460 a month," Pennsylvania Rep. Lloyd Smucker tweeted on Monday.Biden made clear Monday he has no plans to meet oil executives in person but is instead tasking top aides, like Granholm, with making his administration's position clear.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Ohio-based Marathon Petroleum criticized by President Biden in letter about excess profits, lower fuel productionMarathon Petroleum, a Findlay, Ohio, based oil refiner, is one of seven companies President Joe Biden is criticizing over excess profits and pushing to produce more gas and diesel.
Lire la suite »
President Biden says he’s considering a federal gasoline tax holidayREHOBOTH BEACH, Del. — President Joe Biden said Monday that he’s considering a federal holiday on the gasoline tax, possibly saving U.S. consumers as much as...
Lire la suite »
President Biden considers gas tax holidayWhile AAA reported that gas prices dropped below $5 per gallon on Saturday, the current rate of $4.98 a gallon remains $1.91 more than a year ago.
Lire la suite »
Decision on U.S. gas tax holiday may come this week, President Biden saysBiden said members of his team were to meet this week with CEOs of the major oil companies to discuss rising oil prices.
Lire la suite »
Texas GOP Goes All-In on Trump’s Big Lie, Says Biden Is ‘Acting President’The Republican Party of Texas now officially, in writing, opposes “all efforts to validate transgender identity” and does not support the use of taxpayer funds for any “medical gender dysphoria treatments or sex change operations.”
Lire la suite »
President Biden Insists US Recession Is Not Inevitable — Treasury Secretary Yellen Concurs – Bitcoin NewsPresident Joe Biden and Treasury Secretary Janet Yellen say that a U.S. recession is not inevitable, dismissing many economists' concerns.
Lire la suite »