Pelosi opposes Clinton's gas tax moratorium

[Aloha Spirit]

And with that, I'm out of here for the day. Enjoy!

http://www.bloomberg.com/apps/news?pid=20670001&refer=us&sid=a4XV9IYpyOTQ

May 1 (Bloomberg) -- House Speaker Nancy Pelosi said she opposes a gas-tax moratorium aimed at easing prices at the pump, rejecting a proposal backed by Democratic presidential candidate Hillary Clinton.

Pelosi said she doesn't believe a summer-long suspension of the 18.4-cents-a-gallon federal gasoline tax would do much to lower gasoline prices.

``There's no reason to believe that a moratorium on the gas tax will be passed on to the consumer,'' Pelosi told reporters in Washington.

Clinton has said a moratorium should be part of a broader plan to end subsidies for oil producers. Clinton and presumptive Republican presidential nominee John McCain, an Arizona senator, say that suspending the tax would give some relief to consumers pinched by the economic slowdown and gas prices that have risen 66 cents from a year ago to an average of $3.60 a gallon.

``I believe we should impose a windfall profits tax on big oil companies and use that money to suspend the gas tax and give families relief at the pump,'' Clinton said in a statement today. ``The typical family could get $70 in relief, and families that drive more for work could get even more.''

Clinton's Democratic rival, Senator Barack Obama of Illinois, opposes the gas-tax moratorium, saying it will do little for consumers while putting a hole in a federal highway trust fund for road and bridge repairs. The gasoline tax is paid into that fund.

[tekisui]

1. So does Reid, and many Democrats. It's stupid, and not going anywhere.

[Bluebear]

2. She opposes impeaching Bush too.

Just sayin'.

[JuniperLea]

3. Really? EW!!!

I think this should be a major platform issue for all candidates... but that would require a perfect world, right?

[Bluebear]

4. You got that right!

[Kittycat]

11. Well then, it's a good thing Obama has at least stated he'll have them investigated

Where Clinton will just cover it all up.

[JuniperLea]

12. No, he didn't say that at all... you should read that bit again... carefully

He said he would "review" the information currently available. Those are his exact words. How is reviewing the information BushCo has allowed to be available going to do anything meaningful?

[bunnies]

5. Good. At least some people are thinking.

Its a dumb idea created to trick stupid people into thinking something is being done. Its a joke.
Not to mention... it would COST something like 300,000 jobs. And there is NO WAY that a windfall profits tax on oil companies would be passed. Dumb. Dumb!

[onenote]

6. As well she should

Actually,since HRC hasn't bothered to actually introduce her proposal, and the odds of getting a major piece of tax legislation passed before Memorial Day is, well, zero, I'm surprised Pelosi even bothered to day anything.

[Deja Q]

7. . . .

CATFIGHT!!

[Cha]

8. That's ol' hilary for ya..the quick fix like

voting for the IWR without reading the 90 page NIE report to send our Soldiers and Iraqis to their deaths and destruction for political EXPEDIENCY.

[Lobster Martini]

9. Does anyone seriously think that waiving the tax will lower the price?

Dear god, I actually agree with Nancy Pelosi! My living will states that when I agree with Nancy Pelosi, I must be shot with an arrow by Errol Flynn dressed as Robin Hood. (I can't explain that, it was the lawyer's idea.) See ya in the afterlife...

[NeedleCast]

10. Shocker...

How can camp Hillary continue to defend her "Gas Tax Holiday" plan when just about every Democrat and Economist out there is against it?