Washington Post: “The notion of a gas tax holiday was met with instant criticism – not only from members of both parties on Capitol Hill, but even from many officials within the administration who said privately that it would probably do little to significantly lower gas prices.”
“Top Treasury Department officials expressed doubts about the gas tax holiday, and at least two top White House economists also privately conveyed reservations, according to two people familiar with the internal deliberations who spoke on the condition of anonymity to disclose sensitive conversations.”
Politico: “Biden’s break-glass moment on gas prices fell flat in the Capitol, with Democratic leaders keeping their distance and even those who support the idea privately wondering whether the White House has a longer-term plan. Even if the holiday had a chance of becoming law, lawmakers in Biden’s party say it’s far too limited a remedy. ”
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