Posted by on June 23, 2022 6:35 pm
Categories: Breaking News Epoch Times News

Energy Industry and Economists Deride Biden Gas Tax Holiday Proposal

In interviews with The Epoch Times, energy industry insiders and economists expressed disagrement and disdain about the Biden administration’s proposed three-month gas tax holiday.
They joined a chorus of critical voices on both sides of the aisle after the president asked Congress to suspend that federal tax on June 22.
“It is a silly idea, which violates simple, basic economics,” said John Cochrane, Rose-Marie and Jack Anderson Senior Fellow at the Hoover Institution, in a June 23 email interview with The Epoch Times.
“It is a sign of an administration in disarray that all they can come up with is this patently bad idea, in an effort to pander to voters,” he added….

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