House Democrats look to Biden: ‘See this for what it is – a short-sighted proposition’ | texasinsider
As frustration with Biden grows, top Democrats revolt
WASHINGTON, DC (Texas Insider Report) – “I will watch it, definitely. The president is trying to do what I think is a good goal – what I’m not sure, actually, is that it will have the intended effect and whether it will save consumers money,” said the Maryland Democrat Cong. Steny Hoyer, who as House Majority Leader is the second Democrat in the House of Representatives after Speaker Nancy Pelosi.
House Speaker Nancy Pelosi, a Democrat from California, called Biden’s idea – which would have to be passed by Congress in order to effectively suspend the 18.4 cents per gallon that federal gas tax drivers pay at the pump – public relations stunt.
What Hoyer (far right with House Speaker Nancy Pelosi) and other House Democratic leaders have been pushing for, in effect, is an overhaul of the 1980s “windfall tax” on “big oil” — which even many Democrats understand is a losing proposition in an election year environment that is already going south for the party.
Same Senator Tom Carpera Democrat from Delaware from Joe Biden’s home state who is presiding Senate Environment and Public Works Committeecalled the proposal “short-sighted and ineffective”.
Telegraphing the seriousness of the growing battle within the Democratic Party, even before Biden formally announced his proposal on Wednesday afternoon, virtually every member of the Democratic House leadership team had rushed to condemn his efforts to try to appear to take steps that could ease the pain of Americans at the pumps.
Congressman Peter DeFazio, a longtime Oregon Democrat who as president of the House Transportation and Infrastructure Committee was rather publicly ignored by the Biden White House during negotiations over last year’s infrastructure bill, said it was “well-intentioned, but ill-conceived policy.”
“I urge my colleagues to see this for what it is: a short-sighted proposition that relies on the cooperation of oil companies to pass tiny savings on to consumers,” the Oregon Democrat said (pictured below). below).
Such opposition to Capitol Hill within the president’s own party, particularly the House Congressional leadership, offered a reality check for the White House at best, and at worst could represent the first of many public rebukes of the abilities. of Biden’s leadership, which party leaders believe is jeopardizing individual Senate and House races in virtually every state across the country.
Mr. Biden’s proposal includes a three-month suspension of the federal tax of 18.4 cents per gallon on gasoline, as well as the tax of 24 cents per gallon on diesel fuel. It also urges states to suspend their gasoline taxes, some of which are above the federal rate.
Because White House Biden estimated that his three-month “tax holiday” would cost the federal government about $10 billion in tax revenue, he was also forced to try to dispel Democratic lawmaker concerns about filling the vacuum. with “other income”.
Ahead of the White House’s official announcement, Biden administration officials admitted that a tax holiday “won’t solve the problem,” but argued it was better to do something than to continue doing nothing. .
“But the President believes that at this unique time, as the war in Ukraine imposes costs on American families, Congress should do what it can to allow working families to breathe.”
Republicans and industry associations representing the oil and gas industries joined congressional Democrats in also criticizing Mr. Biden’s proposal, saying the party’s liberal climate policies were to blame for record gas prices in the country.
“The big new idea from this ineffective administration is a dumb proposition that senior officials in their own party have already rejected well in advance,” said Senate Minority Leader Mitch McConnell, Republican of Kentucky.
While many states have already considered such a move, only four — Maryland, Georgia, Connecticut and New York — have implemented it. Florida has approved a one-month suspension of the state’s gasoline tax, which is expected to take place in October.