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FOXNEWS FOX and Friends June 4, 2024 12:30:00

federal gas tax for the next 90 days, we can bring down the price of gas and give families just a little bit of relief. second action i m taking is calling on states to either suspend the state gas tax as well, or find other ways to deliver some relief. so there you ve got president biden yesterday calling for a three-month suspension of the $0.18 federal tax that currently charges per gallon for regular gas. and $0.24 on diesel, now averaging nearly six bucks. our next guest who owns a trucking company says it s not enough to help that industry. joining us right now is the ceo of load one john elliott. john good morning to you. good morning steven thank you for having me. steve: great to have you as well. this is a gimmick. is that going to help your industry? absolutely not. if anything, it s going to hurt our industry in the long run. you know, we finally passed a comprehensive infrastructure bill to help rebuild the roads and bridges in this country. this just strips the fu

FOXNEWS FOX and Friends June 4, 2024 12:05:00

control not only gas but his poll numbers. well, steve, this meeting s not going to even take place here at the white house, it s going to be at the department of energy off the grounds. so if the president were to attend he would need the full motorcade. very clear the white house wants to put some distance between this meeting with the oil executives and the president. steve: thanks lucas. the president s approval ratings, according to the q poll, quinnipiac poll is 33%. fox news has at 42%. either way way too low for the democrats to feel good about. i think is pretty amazing is this president had a big announcement about a tax holiday, $0.18 off the top, $2.34 if you have a camry looking to fill the whole thing up. the problem with joe biden, not only is it an insignificant move just like getting rid of the oil reserves and tapping that out which jeopardizes our security in the long run but it s because he doesn t even have his own party in line. you have obama officials coming

FOXNEWS FOX and Friends June 4, 2024 12:33:00

one, $2 a gallon. $0.18, you know, on a consumer on $2 on a fill-up is a joke. it s just a joke. steve: let me ask you, final question, how many people in the trucking industry are buying the administration line that when you pay six bucks a gallon for diesel, that s putin s price hike? once again, i think 99% of our industry knows that this is simply a shift of blame. it s the blame game which, unfortunately, we ve seen continually. steve: yeah, you re right about that. all right, john elliott telling us about, you know, the trouble in your industry, which is trucking. thank you very much, sir, for joining us live. thank you, steven snoop you bet. 27 minutes before the top of the hour. this is the 50th anniversary of title 9. in a couple hours athletes parents and advocates will rally in dc for fairness in female sports. tulsi gabber will be there but first she s going to be here on fox and friends.

FOXNEWS FOX Friends First June 4, 2024 08:14:00

who mocked him. carley: griff jenkins live in washington with more, hi, griff. all signs to the gas tax holiday which would amount to $0.18 per gallon. but consider this a gallon of gas just to dollar $0.39 on inauguration day this morning, $4.95 more than double when biden took office and republicans calling him out on it. senator tom cotton said it s live to cover up the fact that the policies have restricted supply and raised costs. senator scott at this to say. we will try to trick the market and suggest that we can reduce prices by alleviating the tax pressure. that is great, but unfortunately, the way that gas is picking up every single week, that reduction in price is eliminated in about 12 days. chris, unlimited to capitol hill. blasting the idea of federal gas

FOXNEWS America Reports June 4, 2024 18:04:00

summer season, busy travel season, here is what that means. every time you go to the gas station to fill your tank the federal government charges an $0.18 tax per gallon of gas that you purchase. and $0.24 tax per gallon of diesel you purchase. it s a tax that s been around for 90 years. it s important because we use it for the highway trust fund to keep our highways going. but, what i m proposing is suspending the federal gas tax without affecting the highway trust funds and here is how we do that. with the tax revenues up this year, and our deficit down over $1.6 trillion this year alone, we ll still be able to fix our highways and bring down the prices of gas. we can do both at the same time. by suspending the $0.18 federal gas tax for the next 90 days we can bring down the price of gas and give families just a little bit of relief.

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