hannity: one simple thing they can do i don t know if most americans know this but for every gallon of gasoline we purchase the federal government gets $0.18.3 a gallon. one of the get rid of the gas tax to give americans especially poor americans, middle-class americans people with fixed incomes want to give them some kind of instant relief so the temporary band-aid packet into the strategic petroleum reserves the do that for a month to act doing something. it s kind of amazing sean that the democrats have never liked hikes and gas prices. there she tied about federal gas tax holiday problem with it is that prices are rising so much if you knock $0.18 off a gas people wouldn t notice that would make a difference when gasoline is $5 a gallon in kleiman s $0.18 is not to make any difference in people s pockets. you want to reduce the price of
office, gas was $2.38 a gallon. and so my tank is 18 gallons. i did the math. when joe biden became president it cost me $43 to fill up. if i fill up today it will cost me, on average, $90.18. will. ainsley: we are being told you need to prepare for a recession. it s not looking good and we are going to be in this position for a very long time. larry summers did this. inflation as high as it is right now unemployment is as low as it is right now. it s almost always been followed within two years by inflation. by recession. i think the optimists were wrong a year ago in saying we would have no inflation i think they are wrong now if anyone is highly confident that we re
30% of gas inflation is because of the ukraine war. we can debate that, but about a dollar 50. i think that president biden and their team should give a holiday on federal tax, which is $0.18 and ask every state to follow, 10 to $0.20. sandra: hard stop, might be a temporary solution. econ 101, you waive that and increase demand and prices only go higher. to biden on the economy last night on jimmy kimmel and your reaction. we have the fastest growing economy in the world, the world, the world. we have 8.6 million new jobs since i got in office. unemployment rate is down to 3.6%. we have reduced deficit last year by $320 billion, this year going to reduce it by $1.7 trillion. inflation is the vain of our existence.
the federal gas taxes and $0.18 per gallon. think about one-third of that was eaten up overnight by the natural price of gas. if your tank is 20 gallons, every time you fill up, and now cost you $1 more than it did yesterday. unbelievable. will: district police chief has stopped operating with the investigation into the massacre that left 19 children and two teachers dead. steve: i wonder why. the first funerals for the victim started yesterday is 10-year-old rodriguez and they are laid to rest. here with more. the first funerals are held including 10-year-old. the little girl being held a hero for trying to call for help. her friend and classmate describes the moment she watched her friends and teacher died. my friend, she started trying
vacation? this is the national average of gas prices. premium gas 5.29 a gallon. that s a national average. if you live in california because of the state gas tax, it s considerably higher. it s hard. if you go through the statistics the president cites in his op ed are all correct. the economy does have a lot of great strength under it, it s just people are getting hit in the head every day with this. it would not be a surprise if you saw a move in the next couple months as we get closer to election day for the administration to have what s called a national gas tax holiday which is $0.18 a gallon which is not nothing when you add it up. and then perhaps encourage states to do it along with them which would be even more depending on the state. i m not sure california would do it, but so it s not as if they don t have some things some more tools in their tool