By Breitbart. The vast majority of voters say the rising cost of gas is a “serious” problem in President Biden’s America, mere months ahead of the midterm elections, a Rasmussen Reports survey released Tuesday found.
Rising gas prices have emerged as a top voter issue heading into the midterms, which does not bode well for President Biden and Democrats, both of whom have continued to deflect, constantly blaming others for the current state of affairs in the country.
Senate Majority Leader Chuck Schumer (D-NY) in April, for example, tied rising gas prices to “Russia’s unprovoked, vicious, nasty, bitter, invasion of Ukraine.” (Read more from “Joe Biden’s America: 92 Percent of Americans Say Gas Prices a ‘Serious’ Problem” HERE)
After Demonizing ‘Greedy’ Gas Companies, Biden’s New Plan Will Increase Their Profits
By Townhall. As President Biden makes his call for a federal tax holiday for unleaded and diesel gas taxes, there is — as usual — an irony that undercuts his supposedly brilliant idea to help Americans who’ve seen gas prices more than double in the less than two years since he took office.
The president’s plan, which relies on Congress for implementation, is to suspend federal fuel taxes for three months, a timeframe that conveniently runs up until just before the midterm elections as Biden’s party receives continually sinking approval for its handling of the economy. Biden also called for states to similarly waive their taxes on regular and diesel fuel, which a few have done already.
While state gas taxes vary, the federal taxes Biden is hoping Democrats in Congress will suspend amount to 18.4 cents per gallon for gasoline and 24.4 cents per gallon for diesel — saving Americans around 3.5 percent at the pump. According to Forbes, the average American would save less than $10 each month if the federal tax were suspended.
After months of criticizing oil companies for their outsized profits, the WH is now looking to suspend the gas tax—a policy widely predicted to barely reduce pump prices and mostly just … increase profits for oil companies pic.twitter.com/qjMMDqFv49
— Derek Thompson (@DKThomp) June 22, 2022
(Read more from “After Demonizing ‘Greedy’ Gas Companies, Biden’s New Plan Will Increase Their Profits” HERE)
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