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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSuspend Federal Gas Tax?
Senators Introduce Bill to Lower High Gasoline Prices
U.S. senators Maggie Hassan (D-N.H.) and Mark Kelly (D-Ariz.) have introduced the Gas Prices Relief Act, legislation to lower high gas prices by temporarily suspending the federal gas tax through the end of the year to bring economic relief to motorists nationwide.
The Gas Prices Relief Act will suspend the 18.4-cents-per-gallon federal gas tax until Jan. 1, 2023. Currently, the national average for the cost of a gallon of gas is nearly one dollar higher than it was at the same time last year, according to AAA.
The bill also maintains the integrity of the Highway Trust Fund by requiring the U.S. Department of the Treasury to make general fund transfers to keep the fund solvent.
The bill is also co-sponsored by senators Debbie Stabenow (D-Mich.), Catherine Cortez Masto (D-Nev.), Raphael Warnock (D-Ga.) and Jackie Rosen (D-Nev.).
U.S. senators Maggie Hassan (D-N.H.) and Mark Kelly (D-Ariz.) have introduced the Gas Prices Relief Act, legislation to lower high gas prices by temporarily suspending the federal gas tax through the end of the year to bring economic relief to motorists nationwide.
The Gas Prices Relief Act will suspend the 18.4-cents-per-gallon federal gas tax until Jan. 1, 2023. Currently, the national average for the cost of a gallon of gas is nearly one dollar higher than it was at the same time last year, according to AAA.
The bill also maintains the integrity of the Highway Trust Fund by requiring the U.S. Department of the Treasury to make general fund transfers to keep the fund solvent.
The bill is also co-sponsored by senators Debbie Stabenow (D-Mich.), Catherine Cortez Masto (D-Nev.), Raphael Warnock (D-Ga.) and Jackie Rosen (D-Nev.).
https://www.cspdailynews.com/fuels/senators-introduce-bill-lower-high-gasoline-prices
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GUESS WHO, is against it?
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Suspend Federal Gas Tax? (Original Post)
WHITT
Feb 2022
OP
ripcord
(5,472 posts)1. A drop in the bucket in California
We pay $1.18 per gallon in taxes and fees.
Thunderbeast
(3,417 posts)2. ME!
I am against it.
We can not expand the subsidies on fossil fuel consumption if we are serious about addressing climate change.
but you're timing is off.
Victor_c3
(3,557 posts)6. +1 n/t
tinymontgomery
(2,584 posts)4. Companies will just raise the price
Companies will just raise the price for the amount that the taxes were receiving.
dweller
(23,647 posts)5. Price of gas went up .15/gal in the past week+
By the time they pass any relief (if) it wont matter
✌🏻
WHITT
(2,868 posts)7. They Should Also
be releasing more crude on the market. U.S., Japan, China, and more.
WhiskeyGrinder
(22,377 posts)8. Vulnerable senate Dems, you say? Huh.
WHITT
(2,868 posts)9. I Did?