Biden considering gas tax holiday ahead of July 4 [Video]
WHAT YOU NEED TO KNOW:
- President Joe Biden said Monday that he’s considering a federal holiday on the gasoline tax.
- White House officials target the July 4 weekend for announcing new measures.
- Other possible measures the Biden administration is considering include a gas rebate.
President Joe Biden said that he is seriously considering a federal gas tax holiday as the administration makes efforts to lower record-high gas prices ahead of the July 4th holiday.
White House officials say they are targeting the July 4 weekend to announce new measures when millions of Americans are expected to take trips and vacations.
On Monday, Biden told reporters that he could make a decision on halting the federal gas tax by the end of this week. “I hope I have a decision based on data.” The Bidens spent the long weekend at their home in Rehoboth, Delaware, in part to celebrate their 45th wedding anniversary.
The Biden administration is also considering a gas rebate, though one official dismissed the idea as “a stretch” and said it is “not in serious contention.” It seems a gas tax holiday is what they are more focused on. However, officials are concerned about how long the gas tax holiday would last.
The effort to announce new measures comes ahead of a meeting Energy Secretary Jennifer Granholm plans to meet with oil refining executives. According to a source, the meeting is scheduled for June 23, Thursday. The meeting comes amid growing tensions between the U.S. oil industry and the White House.
On Sunday, Granholm told CNN that if the administration pursued the federal gas tax pause, some federal funds could stop going toward roadway projects, which is a part of the infrastructure law Biden signed in 2021.
“If we remove the gas tax, that takes away the funding that was just passed by Congress to be able to do that,” she said. “So you know, that’s one of the challenges, but I’m not saying that that’s off the table.”
Source: NBC News
June 22, 2022 at 6:48 am
Give him 5 minutes, he’ll forget and we’ll still be stuck with this lying buffoon. Thanks for thinking about it, Chairman Xiden.
June 27, 2022 at 9:45 am
CONSIDERING ANYTHING THAT IS GOOD FOR THE LEGAL CITIZENS OF THE UNITED STATES WILL NEVER HAPPEN……HE IS THE EVIL THAT SITS IN THE WH, ALONG WITH THE REST OF THOSE DEM/RINOS……..
June 22, 2022 at 7:14 am
I live in Indiana. Our federal tax on gas is 32 cents a gallon and right now (in northern IN) gas is $5.16/gal for regular unleaded. What good is saving .32 cents on the gallon? It still leaves gas (per gallon) double since Biden took office. If It were up to me. The Keystone pipeline would would be built/finished and new drilling would resume immediately. Plus, As long as Biden is president, I would figure out a way to forbid the sale of gasoline/diesel to any democratic congressperson or senator. Force them to buy nothing but an EV or buy bicycles and ride them around DC like ol’ Pete Buttigieg does (sarcasm)! Plus, as long as Biden is president. Not a drop would be sold to replenish the governments reserve. I could go on forever on this!
June 22, 2022 at 10:07 am
Bidens not removing all your gas tax, just the federal governments part.. It will be back in price increase$within a week.. But tax gone
June 22, 2022 at 7:56 am
WOW THANKS ,JOE for another STUPID temporary solution. Just step aside or better yet go back to the basement where you and Americans are safe.Your idea of going green is a great can’t happen overnight and who can afford your electric cars, if could get delivered. We also don’t have the generator system to supply
June 22, 2022 at 10:01 am
Awww, thanks for caring uncle Joe! So instead of costing me $5.65 a gallon of diesel its gonna save me a whopping .35 gallon. So instead of paying $140 for 3/4 tank, its gonna cost me $130 bucks. Maybe with that $10 in savings im gonna get me a meal to celebrate my savings. Wait …wait… i cant because EVERYTHING ELSE is higher than giraffe vagina now. A meal at McDonald’s is 12 bucks. Why you ask? Because your administration believes that a fry cook DESERVES $15 HR. this is a spit in the face to every American suffering from inflation from your policies. I cant even believe this shit.
June 22, 2022 at 12:27 pm
June 22, 2022 at 12:58 pm
Went to McDonalds on Monday for two shakes and noted a male employee with eye makeup on. The other employees looked like a biker group with all their tattoos exposed. I’m sure they all deserve $17 per hour for more body art. It won’t be my money paying for it. I know my dad would have put his size 10 boot in my ass and I would probably still taste the shoe polish. How our world has improved?
June 22, 2022 at 12:49 pm
What ever the democrats do, it’s just smoke and mirrors to try and stay in power. Obiden told everyone exactly what he was going to do if elected. kinda miss the good ol’ Trump days, don’t ya. Democrats only fix problems they cause, with MORE problems………and they like throwing money we don’t have, at problems that don’t exist, for solutions that don’t work!!!
June 22, 2022 at 12:52 pm
Any chance we could get a holiday from Sleepy and the communist minions? That would do more than anything for the country.
June 22, 2022 at 8:10 pm
Sure won’t help California state gas tax! It’s Gavin’s private slush fund! Now he has another way to buy votes, he’s saying he will issue gas cards, all you have to do is continue to be an idiot! Talk about voter fraud, too many blind voters in CA. bought and paid for.
Obiden is doing same, “will consider” “will think about” but not before he gets your vote, then he’ll forget what he was thinking about, as usual!
June 23, 2022 at 10:41 am
I’d love to know how many of those complaining are Democrats? They voted for this!
June 23, 2022 at 10:27 pm
Eighteen cents a gallon from sloppy joey,nothing from pritzger,what a bunch.Where is the rest of the two dollars a gallon or more that the government is screwing us out of.Thank you liberal,socialist democRATS for nothing.OH,and your inflation also SUCKS.