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MSNBC Morning Joe July 7, 2024

blamed for the botched response to the school massacre has been placed on administrative leave. and stunning underwater photos of an american swimmer being rescued by her coach after fainting during the world championships and sinking to the bottom of the pool. the swimmer is okay. this is not the first time this happened to her. we ll explain what s going on there. along with joe, willie is back and me. we have former chairman of the republican national committee michael steel and white house bureau chief at politico and host of way too early. good to have you all onboard. i have a couple things i want to start with today. you re warning me. i have a couple things on my mind. i need the american flag and i need to talk. i have about five minutes. really, yesterday you missed i have to tell you, you missed a very special moment in washington politics. there was an aticus finch like character who testified before the january 6th committee. he was a speaker of the a

MSNBC Morning Joe June 4, 2024 11:31:00

me show you some numbers and put some flesh on the bones. the average american adult uses 1.8 gallons of gas a day. multiply that by 90 days and that s 162 gallons of gas used by the average american. multiply that by the 18.4 cents of federal gas tax gets to $29.80. brian talked about 40 to 50% getting passed through. i would be more generous and i think 80% gets passed through. so what s the bottom line? the bottom line is the average adult american will save $23.85 over a three-month gas holiday. three months. three months. so 18 cents a gallon. that s what you end up in your pocket with, $23.85. that raises the question, who does benefit from this exactly, oil companies? from the gas tax holiday? yes. well, it s just if you look at the next chart you ll see that basically when you get into what constitutes the price of a gallon of gas at the pump,

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