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House Scuttles Gas Tax Holiday Proposal

Dems warn proposal will be DOA in the House

By Rob Quinn,  Newser Staff

Posted May 2, 2008 4:13 AM CDT
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(Newser) – The gas tax holiday backed by Hillary Clinton and John McCain will be DOA in the House, lawmakers have warned, reports the Hill. The measure has been left off House energy proposals that could be tacked onto the Iraq spending bill because "there’s no reason to believe that any moratorium on the gas tax would be passed on to the consumer," said House Speaker Nancy Pelosi.

The proposal for a gas tax holiday, opposed by Barack Obama alone among the presidential contenders, has met with fierce criticism from economists, but still enjoys support among some lawmakers from both parties. "Clearly something needs to be done," said one senior Democrat, about record-breaking fuel prices and record-breaking gas company profits.

Barack Obama is the only presidential contender who opposes a gas tax holiday.
Barack Obama is the only presidential contender who opposes a gas tax holiday.   (AP Photo/Jae C. Hong)
A customer pumps gas where self-serve regular gasoline exceeds the $4-a-gallon mark, with Diesel fuel at $4.50, at a Mobil station in Los Angeles Friday, April 25, 2008.
A customer pumps gas where self-serve regular gasoline exceeds the $4-a-gallon mark, with Diesel fuel at $4.50, at a Mobil station in Los Angeles Friday, April 25, 2008.   (AP Photo/Reed Saxon)
House Speaker Nancy Pelosi has become the latest lawmaker to come out against proposals for a gas tax holiday.
House Speaker Nancy Pelosi has become the latest lawmaker to come out against proposals for a gas tax holiday.   (AP Photo/Jim Mone)
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Critics slams gas tax holiday proposal
Los Angeles Times

McCain and Clinton become unlikely allies over proposal
New York Times

Pelosi: Gas tax holiday won't be considered
Washington Post

 
Nancy Pelosi • Hillary Clinton • John McCain • gas prices • gas tax • House Democrats

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