Politics
VP Harris finally admits ‘we have to do something’ about surging gas prices hitting record numbers
Vice President Kamala Harris was on record back in March suggesting that then-record high and surging gas were part of the price Americans pay for democracy – echoing President Joe Biden who made the original comment on this. Now the bewildered, failing, low-approval rating VP Harris is admitting that the record gas prices ARE a problem and said during a CNN interview that “we have to do something” about it. However, during this interview, she offered little to no reliable solutions that would impact Americans in a positive way immediately.
WATCH the snippet video from Kamala Harris’ interview with CNN:
Kamala Harris once said record gas prices were price Americans paid for democracy. Now she admits it’s a problem and uh… well… uh… “we have to do something” about it. 81 million voted for this? pic.twitter.com/Eo4zy7QOyQ
— Frank Bojazi (@RawDogFrank) June 28, 2022
Vice President Kamala Harris often faces criticism after speaking out loud because she consistently sounds unprepared and without real-world solutions to fix problems Americans are dealing with. These problems range from inflation costs hurting American wallets, shortages in inventory causing problems, record gas prices, and problems at the southern border along Texas and the number of illegal immigrants entering the country.
These are problems that President Kamala Harris and President Joe Biden should be working on diligently, but it often appears that their administration is inept and has no idea how to tackle the problems Americans are dealing with at a large scale.
When pressed on the subject of surging record gas prices, the Biden and Harris administration often revert back to the tactic of blaming Russia.
For example, back in March is when Harris tried to say the record gas prices were the price Americans pay for democracy, as reported. This took place during a press conference in Romania when VP was asked about the prices surging, at that point only hitting around $4 per gallon (it’s up around $5 now) – and it was the highest average to date at that particular time.
Harris’ response was this: “We are, we have the unfortunate experience, all of us right now, who are not in Ukraine, of witnessing horror… So, we are committed in everything we are doing,… And yes, the president did say in the State of the Union, there is a price to pay for democracy — got to stand with your friends — and as everybody knows, even in your personal life, being loyal to those friendships based on common principles and values, sometimes, it’s difficult — often, it ain’t easy… But that is what the friendship is about — shared values… So that’s what we’re doing.”
Originally, President Joe Biden suggested this was the price to pay for democracy and Vice President Kamala Harris doubled down on it.
Meanwhile, it appears that neither Joe Biden nor Kamala Harris have much of an idea on how to get gas prices back to normal. Biden suggested a gas tax holiday, but he was met with criticism from the CEO of Target, who said that would only fuel the demand while not solving any real world problems, such as where the gas comes from or getting the price per barrel of oil back to low numbers.
Brian Cornell, the CEO of Target, thinks that a federal gas tax break is not the discount the U.S. citizens need. The gas price per gallon in the U.S. is currently around $5. A day after President Joe Biden suggested suspending the 18.4-cent-per-gallon fee, Cornell said at the Economic Club of New York, “It’s only going to fuel the demand.”
“It’s doing nothing to increase supply, so that’s a temporary, almost a mini stimulus,” he added. Refineries have been running at full capacity to meet the never-ending demand for gasoline, jet fuel, and diesel. The circumstances surrounding Russia’s invasion of Ukraine have slowed U.S. production.
“It’s time to fundamentally change the supply and demand curves for fuel and transportation,” Cornell said.
Although the Biden administration attempted to persuade producers to raise output by releasing approximately 50 million barrels of oil from the Strategic Petroleum Reserve, prices have continued to rise.
“Increasing demand is not going to help lower those prices over the long term,” Cornell said.
Biden urges states and Congress to implement a gas tax holiday in response to “Putin’s Price Hike,” related news reveal: Right now, the federal government charges an 18 cent tax per gallon of gasoline and a 24 cent tax per gallon of diesel. Those taxes fund critical highways and public transportation, through the Highway Trust Fund.
But in this unique moment, with gas prices near $5 a gallon on average across the country, President Biden is calling on Congress to suspend the gas tax for three months – until the end of September – to give Americans a little extra breathing room as they deal with the effects of Putin’s war in Ukraine.
The President is also calling on Congress to make sure that a gas tax holiday has no negative effect on the Highway Trust Fund. With our deficit already down by a historic $1.6 trillion this year, the President believes that we can afford to suspend the gas tax to help consumers while using other revenues to make the Highway Trust Fund whole for the roughly $10 billion cost. This is consistent with legislation proposed in the Senate and the House to advance a responsible gas tax holiday.
Photo: screencap from video
This story syndicated with licensed permission from Frank at TrendingViews.com. Follow Frank on Facebook and Twitter