{"id":1514147,"date":"2022-06-13T17:34:08","date_gmt":"2022-06-13T21:34:08","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1514147"},"modified":"2022-06-13T17:34:17","modified_gmt":"2022-06-13T21:34:17","slug":"white-house-reportedly-debating-federal-gas-tax-holiday-for-americans","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-reportedly-debating-federal-gas-tax-holiday-for-americans\/","title":{"rendered":"White House Reportedly Debating Federal Gas Tax Holiday For Americans"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">20<\/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%2Fwhite-house-reportedly-debating-federal-gas-tax-holiday-for-americans%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=1514147&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><\/div>\n<p>The White House is reportedly mulling over a federal gas tax holiday as gas prices hit a $5 national average in June with no indication of going back to pre-Biden Administration rates.<\/p>\n<p>President Joe Biden\u2019s economic team is expected to meet this week on whether to push the U.S. Congress to act on suspending the federal gas tax, according to anonymous sources <a href=\"https:\/\/thehill.com\/news\/administration\/3521640-white-house-takes-new-look-at-federal-gas-tax-holiday\/?email=d1de3e639d7dc123a435bb5076426b6d715a0f97&#038;emaila=56b2922aa75db42e69d122704a1046cb&#038;emailb=bf707b901b554730181bbc609e50c98b17eaf84247ffc7a818b3b806c416edcb&#038;utm_source=Sailthru&#038;utm_medium=email&#038;utm_campaign=New%20Campaign&#038;utm_term=News%20Alerts\" target=\"_blank\" rel=\"noopener noreferrer\">reported<\/a>\u00a0in\u00a0The Hill.<\/p>\n<p>One Democrat close to the White House discussion told The Hill that suspending the federal gas tax is \u201cdefinitely an option on the table\u201d to give Americans dealing with the compounding effects of inflation and prices at the pump some relief. <strong><a href=\"https:\/\/dailycaller.com\/2022\/06\/13\/joe-biden-gasoline-prices-ethanol-gambit-white-house\/\" target=\"_blank\" rel=\"noopener noreferrer\">(RELATED: Biden Privately Admitted His Gambit To Lower Gas Prices Was Pointless: REPORT)<\/a><\/strong><\/p>\n<p>The Democratic Party is moving to lower prices in hopes it helps their chances of withstanding the \u201cshellacking\u201d their party is predicted to take in the November midterms, The Hill reported.<\/p>\n<p>Former economic advisor to former President Barack Obama, Robert Wolf, said Monday that <a href=\"https:\/\/dailycaller.com\/2022\/06\/09\/gas-prices-5-dollars-gallon\/\" target=\"_blank\" rel=\"noopener noreferrer\">increased gas prices<\/a> are due to the Russian war in Ukraine. Wolf also said he supports a federal gas tax holiday to fight rising costs as long as it is tied to the \u201cPutin Price Hike.\u201d<\/p>\n<p>\u201cI know that some may view this as somewhat gimmicky because it will revert itself at some point, but a majority of the recent gas hike since the beginning of the year has been due to the Russian invasion,\u201d Wolf told The Hill.<\/p>\n<p>Wolf said hedging the federal gas tax holiday to the Russian war \u201cmakes it more strategic and smart,\u201d according to the outlet.<\/p>\n<p>\u201cI also think it ties directly into the Putin price hike narrative and aligns well with President Biden\u2019s concern about how inflation is impacting hard-working Americans, and he will use every tool available,\u201d Wolf added.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Like \u2066<a href=\"https:\/\/twitter.com\/SenMarkKelly?ref_src=twsrc%5Etfw\">@SenMarkKelly<\/a>\u2069 \u2066<a href=\"https:\/\/twitter.com\/SenatorHassan?ref_src=twsrc%5Etfw\">@SenatorHassan<\/a>\u2069<br \/>I am \u201csupportive of the Biden administration implementing a federal gas tax holiday but only during the period of Russia\u2019s war in Ukraine, which has driven up prices.\u201d <a href=\"https:\/\/twitter.com\/thehill?ref_src=twsrc%5Etfw\">@thehill<\/a>\u2069 \u2066<a href=\"https:\/\/twitter.com\/amieparnes?ref_src=twsrc%5Etfw\">@amieparnes<\/a>\u2069 <a href=\"https:\/\/t.co\/BJGF5XHKI7\">https:\/\/t.co\/BJGF5XHKI7<\/a><\/p>\n<p>\u2014 Robert Wolf (@robertwolf32) <a href=\"https:\/\/twitter.com\/robertwolf32\/status\/1536430063377436673?ref_src=twsrc%5Etfw\">June 13, 2022<\/a><\/p>\n<\/blockquote>\n<p>Chief economist at Moody\u2019Analytics, Mark Zandi, told The Hill that a federal gas tax holiday would help energy companies and wealthy individuals more than it would help middle or lower-income U.S. consumers and hurt U.S. efforts to complete much-needed infrastructure projects.<\/p>\n<p>Republican West Virginia Sen. Shelley Moore Capito said she does not support the federal gas tax holiday but instead urges the Biden Administration to remove obstacles to\u00a0exploration, extraction, and refining of oil and gas, <a href=\"https:\/\/www.wowktv.com\/news\/politics\/no-federal-fuel-price-relief-in-sight-after-wv-rejects-gas-tax-holiday\/\" target=\"_blank\" rel=\"noopener noreferrer\">reported<\/a> CBS13.<\/p>\n<p>\u201cOn the gas tax holiday, I\u2019ve always been not in favor of that, I don\u2019t think,\u201d said Capito. \u201cThat\u2019s a short-term fix for a very long-term problem. And remember that the gas tax does go to rehabilitating and modernizing our highways. That\u2019s important.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The White House is reportedly mulling over a federal gas tax holiday as gas prices hit a $5 national average in June with no indication of going back to pre-Biden<\/p>\n","protected":false},"author":495,"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-1514147","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\/1514147","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\/495"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1514147"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1514147\/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=1514147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1514147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1514147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}