You Searched For "gas tax holiday" and got 20 results
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2 mins read
Treasury Secretary Janet Yellen says a federal gas tax holiday is 'certainly worth considering'
"President Biden wants to do anything he possibly can to help consumers," she said on ABC's "This W…
John L. Dorman
3 mins read
Biden wants a 3-month gas tax holiday. Obama once called it a "gimmick."
Obama called a three-month gas tax suspension a "gimmick" in 2008. Now Sens. Mark Kelly and Maggie …
Brent D. Griffiths,Joseph Zeb…
2 mins read
Oil prices fall 7% as recession fears mount and Biden calls for a 3-month gas tax holiday
A federal gas tax holiday is "only going to fuel the demand... It's doing nothing to increase suppl…
Matthew Fox
1 min read
Biden says he's considering a federal gas-tax holiday and sending Americans gas-rebate cards to alleviate pain at the pump
Biden is weighing a pause on the federal gas tax of 18.4 cents a gallon as Americans feel the pinch…
Sarah Jackson
1 min read
Target CEO says Biden's gas tax holiday would only 'fuel the demand' without fixing any of the supply problems
"It's time to fundamentally change the supply and demand curves for fuel and transportation," the r…
Dominick Reuter
2 mins read
Biden's call for Congress to suspend federal gas taxes is landing with a thud with everyone ranging from McConnell to Pelosi
Many Democrats are bolting from Biden. Obama's former top economist said it was a "worse idea" now …
Joseph Zeballos-Roig
2 mins read
Democratic Rep. calls on Biden to oppose suspension of the federal gas tax
"There is no guarantee a gas tax suspension would reduce prices ... or stem the broader inflation a…
John L. Dorman
3 mins read
Some Democrats are pushing to cut gas taxes through 2022, but Obama torched the idea years ago
Obama called a three-month gas tax suspension a "gimmick" in 2008. Now Sens. Mark Kelly and Maggie …
Brent D. Griffiths,Joseph Zeb…
3 mins read
Ron DeSantis signs $1.2 billion in tax breaks for Floridians to fight 'Bidenflation headwinds,' though Biden's stimulus will help pay for it
Florida is using $200 million in funding from the American Rescue Plan to fund its 25-cent, monthlo…
Kimberly Leonard
3 mins read
How President Biden's symbolic gas tax cut will impact oil markets
President Biden made a symbolic gas tax cut, and the latest dispatch from the NFT.NYC conference. T…
Phil Rosen
3 mins read
Vulnerable Democrats are floating quick fixes in hopes of avoiding a November shellacking
Vulnerable Democrats up for reelection are floating ideas like enacting a temporary gas tax holiday…
Warren Rojas
2 mins read
Democrats weigh suspending federal gas tax to cut prices at the pump while Biden's economic agenda is on ice
Sen. Joe Manchin threw cold water on shelving the gas tax through 2022 to combat inflation. Some Re…
Joseph Zeballos-Roig
2 mins read
Maryland, Georgia temporarily suspend state gas tax to alleviate surging prices as US ban against Russian oil causes pain at the pump
While Capitol Hill struggles to pass a federal gas tax holiday, states are beginning to approve leg…
Hannah Towey
2 mins read
Sen. Raphael Warnock proposes slashing gas, drug, and shipping costs to beat inflation ahead of a midterm challenge from MAGA
Comforting cash-strapped voters is mission critical to winning the midterm elections, increasingly …
Warren Rojas
2 mins read
Mitch McConnell shoots down gas tax cut proposal from Democrats, deriding it as 'political games'
"Just to make the political games transparent, they want this to expire right after the midterms," …
Joseph Zeballos-Roig
3 mins read
Gas prices are at an all-time high. Here are 3 reasons why Democrats' gas tax cut proposal won't do much to curb rising prices or cool inflation
Gas prices may still rise due to mismatches between supply and demand, and some of the benefits may…
Ben Winck,Joseph Zeballos-Roig
2 mins read
Gas prices have now dropped for 30 days in a row - and a gallon at the pump costs 44 cents less than last month
Prices at the pump are 9% cheaper than a month ago as growing recession concerns have sent US crude…
Phil Rosen
4 mins read
The Twitter drama among powerful people over high gas prices revealed a lot about who gets what and why — and Americans are still waiting on a solution
"When powerful people invoke the free market as an excuse for high prices, they don't necessarily h…
Paul Constant
2 mins read
Jeff Bezos says Joe Biden's call to cut gas prices is either 'straight-ahead misdirection or a deep misunderstanding of basic market dynamics'
The Amazon founder stepped up his war of words with the President in an ongoing battle over the Whi…
Sam Tabahriti,Ryan Hogg
5 mins read
There is no good solution to the kind of inflation we're seeing right now
Today's inflation is historically fast and widespread. There are potential fixes, but each comes wi…