{"id":1413910,"date":"2022-03-31T19:44:37","date_gmt":"2022-03-31T23:44:37","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1413910"},"modified":"2022-03-31T19:44:40","modified_gmt":"2022-03-31T23:44:40","slug":"nancy-pelosi-shoots-down-gas-tax-holiday-suggests-rebates-and-gas-cards-instead","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/nancy-pelosi-shoots-down-gas-tax-holiday-suggests-rebates-and-gas-cards-instead\/","title":{"rendered":"Nancy Pelosi Shoots Down Gas Tax Holiday, Suggests Rebates And Gas Cards Instead"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fnancy-pelosi-shoots-down-gas-tax-holiday-suggests-rebates-and-gas-cards-instead%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1413910&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/dw-wp-production.imgix.net\/2022\/03\/0E0BC08D-5444-487C-8D4B-405C20501496-scaled.jpeg?w=1200&#038;h=800&#038;ixlib=react-9.3.0\" class=\"ff-og-image-inserted\" alt=\"image\" \/><\/div>\n<p>House Speaker Nancy Pelosi (D-CA) shot down the idea of a federal gas tax holiday, but said she was instead considering giving consumers rebates or gas cards to offer relief for soaring gas prices.<\/p>\n<p>During her <a href=\"https:\/\/www.youtube.com\/watch?v=y_LagxTVmK8\">weekly press briefing<\/a>, Pelosi was asked by a reporter whether she supported giving gas rebates to consumers. Pelosi explained that the concept had been floated only after the idea of a gas tax holiday had been proposed and rejected.<\/p>\n<p>\u201cFirst of all, the main question had been, \u2018Do you support a gas tax holiday?\u2019 And that is immediate, and it has appeal,\u201d Pelosi said. \u201cPeople understand it. \u2018There\u2019s going to be a reduction in the gas tax.\u2019 That\u2019s the pro. The con is that the oil companies do not necessarily pass that on to the consumer. They haven\u2019t in the past. And so we\u2019re losing the money in the Highway Trust Fund, because we\u2019ve just taken that out, it goes to the oil companies, you cannot write a law that requires them to pass it on. That\u2019s just the way it is, I \u2014 we\u2019ve tried every which way. You could have moral [persuasion], you could encourage, you could incentivize, you cannot require it. So we have a situation where there\u2019s money coming out of the Highway Trust Fund, it\u2019s going to the oil companies, they may not give it to the consumer, and it has to be paid for. So we\u2019re paying for something to give a break to the oil companies, that isn\u2019t even going to the consumer. So that\u2019s the con.\u201d<\/p>\n<p>\u201cThe pro is very showbiz,\u201d Pelosi continued. \u201c\u2018Okay, let\u2019s just do something, there it is.\u2019 But it is not necessarily landing in the pocket of the consumer, it\u2019s taken out of the Highway Trust Fund, we have to pay for that to return it. So that takes us to something else: how do you do that? Do you do it with a tax on production? Do you have the consumer pay for that?\u2026 So you took it to the right place. How do we help people directly? If you\u2019re going to have to pay for it and you don\u2019t want it to come out of the Trust Fund, something could be a rebate card or a direct payment. And those are the things that are being considered. But some of the things that looked appealing in the beginning to some, if this were my caucus, one half of the room would say \u2018let\u2019s go with that,\u2019 and the other half would say \u2018wait a minute \u2014 it\u2019s not going to the consumer.\u2019 So there are a number of approaches that are on the table.\u201d Pelosi then suggested that reporters should wait for President Joe Biden to make his <a href=\"https:\/\/www.dailywire.com\/news\/biden-announces-1m-barrel-daily-release-from-strategic-petroleum-reserve-doubles-down-on-clean-energy-for-true-and-lasting-american-energy-independence\">announcement<\/a> on releasing oil from the Strategic Petroleum Reserve before commenting further.<\/p>\n<p>Democrats in Congress originally proposed a suspension of the gas tax in February when Senators Mark Kelly (D-AZ) and Maggie Hassan (D-NH) <a href=\"https:\/\/www.dailywire.com\/news\/vulnerable-senate-democrats-introduce-bill-to-suspend-gas-tax-amid-skyrocketing-prices\">introduced a bill<\/a> to do so. Calls grew in <a href=\"https:\/\/www.dailywire.com\/news\/amid-rising-gas-prices-calls-emerge-to-suspend-federal-state-taxes\">both chambers<\/a> to suspend the tax, and the governors of <a href=\"https:\/\/www.dailywire.com\/news\/maryland-georgia-suspend-state-gas-tax-to-offset-record-high-prices\">Georgia and Maryland<\/a> actually signed laws temporarily suspending their state-level taxes, but a federal tax holiday has not gained traction. The White House had also proposed the idea of gas cards earlier this month, but the idea drew criticism from policymakers and <a href=\"https:\/\/www.dailywire.com\/news\/conservatives-roast-white-house-after-report-it-considered-giving-americans-gas-cards\">mockery<\/a> from conservatives on social media.<\/p>\n<p><em>The Daily Wire is one of America\u2019s fastest growing conservative media companies for breaking news, investigative reporting, sports, podcasts, in-depth analysis, books, and entertainment for a reason: because we believe in what we do. We believe in our country, in the value of truth and the freedom to speak it, and in the right to challenge tyranny wherever we see it. Believe the same?\u00a0<a class=\"in-cell-link\" href=\"https:\/\/www.dailywire.com\/subscribe\" target=\"_blank\" rel=\"noopener\">Become a member now and join our mission<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>House Speaker Nancy Pelosi (D-CA) shot down the idea of a federal gas tax holiday, but said she was instead considering giving consumers rebates or gas cards to offer relief<\/p>\n","protected":false},"author":189,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1413910","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1413910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/189"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1413910"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1413910\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1413910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1413910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1413910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}