[ad_1]
The President’s effort is unlikely to achieve traction with lawmakers, as even members of his personal get together — corresponding to Home Speaker Nancy Pelosi — may very well be reluctant to help it.
Pelosi, in addition to another Democrats, has argued that the tax financial savings may not go to shoppers, however get handed to grease corporations.
“Suspending the federal fuel tax is not going to present significant aid on the pump for American households, however it can blow a multi-billion-dollar gap within the freeway belief fund placing funding for future infrastructure tasks in danger,” Home Transportation and Infrastructure Committee Chairman Peter DeFazio mentioned in a press release to The Hill.
Republicans, in the meantime, accused Democrats of enjoying “political video games,” arguing that the proposed measure is aimed toward boosting Democrats’ prospects and would quickly expire after the mid-term elections.
“President Biden is looking for one more ineffective stunt to masks the results of Democrats’ inflation. The newest dangerous concept would barely put a dent within the hovering fuel costs on his watch,” Senate Minority Chief Mitch McConnell mentioned on Twitter.
[ad_2]
Supply hyperlink