The Biden administration is scraping the bottom of the barrel to clean up the mess they created.
As liberals unleash their “The President Can’t Change Gas Prices” campaign to protect Biden from the severe backlash he deserves, the administration is attempting a Hail Mary in the hopes of convincing Americans he’s not to blame.
The cognitively deficient President urged Congress to suspend federal gas and diesel taxes for the three months ending September amid record-high prices at the pump and record-low approval ratings before November’s midterm elections.
This is the precise solution then-President Barack Obama referred to as a “gimmick” when his administration was handling record-high gas prices. As recently as March of this year, House Speaker Nancy Pelosi also spoke out against the idea of a gas tax holiday.
NANCY PELOSI, 3/31/22, on the idea of a 'gas tax holiday':
"The pro is very 'showbiz,' ok? Let's just do something, there it is. But it is not necessarily landing in the pocket of the consumer." pic.twitter.com/WYvAb3usT6
— RNC Research (@RNCResearch) June 22, 2022
Biden made the pitch to lawmakers on Wednesday, although senior administration officials concede it “alone won’t fix the problem we face, it will provide families a little breathing room.”
A preview of Biden’s reveals that he will also call on states to suspend their counterpart taxes or offer other forms of relief, such as rebates. The administration amplified Biden’s criticism of oil companies for not increasing their supply and refining capacity ahead of a meeting this Thursday with Energy Secretary Jennifer Granholm.
“These actions by the federal government, states, industry, and retailers could drop prices at the pump by up to $1 a gallon or more,” one staffer said.
Officials did not elaborate on White House legislative outreach already conducted on Capitol Hill, though proposals have previously circulated among House and Senate members.
With the federal taxes levied at 18 cents per gallon of gasoline and 24 cents per gallon of diesel, the White House estimates the temporary program will cost the Highway Trust Fund roughly $10 billion.
“The purpose of the suspension is really to address the unique moment that we’re in and with a particular focus on the summer driving season,” the staffer said.
The same official insisted the tax suspension was “absolutely” not “a stepping back” of Biden’s commitment to a clean energy economy or his climate goals.
Biden and his aides have repeatedly apportioned blame to oil refineries as the national average price of gas hovers around $4.97 per gallon. Biden quipped Tuesday that Chevron Corporation CEO Michael Wirth is “mildly sensitive” when asked for his response to Wirth’s complaints the president has sought to “criticize and at times vilify” the industry.
A gas tax would in fact make the entire crisis even worse. Instead of addressing the supply problem, which is the main driver behind skyrocketing prices, a tax holiday would actually increase demand, thus throwing off the market even further.
Let’s face it: Biden knows Congress won’t pass a gas tax holiday. He’s proposing it as a last-ditch effort to save face in front of the American people.
Author: Sebastian Hayworth