'We've got to pay attention': GOP anxiety spikes over rising energy prices
Source: Politico
03/09/2026 04:35 PM EDT Updated: 03/09/2026 06:40 PM EDT
DORAL, Florida — The economic fallout from President Donald Trump’s decision to go to war with Iran is imperiling the GOP’s legislative sales pitch ahead of the midterms, with energy price spikes threatening at least some of the pocketbook gains Americans are seeing from the sweeping tax cuts Republicans enacted last year.
Analysts with the Wall Street advisory and investment firm Evercore ISI estimated Monday that the impact on household costs attributable to the current crisis could erase the tax benefits from the “big, beautiful bill” for at least the bottom 30 percent of Americans — even if oil prices come off their $100-plus-per-barrel highs.
Some top Republicans acknowledged rising energy prices are cause for political concern. “The price of gas is always kind of a benchmark,” Senate Majority Leader John Thune told reporters on Capitol Hill Monday. “I do think the fact that we’ve increased our supply here domestically will help ease it, but it’s something obviously we’ve got to pay attention to. And hopefully the operations in Iran … won’t be an extended situation.”
The impact of higher gas prices is hitting just as House Republicans gather for their annual policy retreat at Trump’s resort in Doral, Florida. The evidence could be seen just outside the gates, where regular gas was retailing at multiple stations for $3.59 per gallon — up about 70 cents from the Miami-area average on Jan. 1, according to GasBuddy.com.
Read more: https://www.politico.com/news/2026/03/09/republicans-gas-prices-midterms-megabill-00819436
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Oh, right. The ones for the epstein class. The rest of us...
