transportation fund. he says he s reduced the deficit by 1.6 trillion, so there s room. to the companies running gas stations and setting those prices at the pump, this is a time of war. global peril. ukraine. these are not normal times. bring down the price you re charging at the pump to reflect the cost you re paying for the product. do it now. do it today. the president not changing any of his policies. the votes may not be in congress to do what he wants. i m willing to embrace his proposals for a gas tax holiday. i don t know whether we ll get the votes it needs here in the senate. i m talking to my colleagues. nancy pelosi has in the past criticized a gas tax holiday. the senior policy director for the committee for responsible federal budget is concerned that the $10 billion hole would grow as pressure would keep the gas stacks suspension even longer than three months. listen. at best, this will reduce the inflation rate by 0.1%. as soon as the holiday is ove
to increase oil production. most experts say biden s plan will make inflation worse. even some democrats don t support it, but apparently no one told joe that. calling on congress to suspend the federal gas tax for the next 90 days through the busy summer season, busy travel season, to the company s running gas stations and setting those prices at the pump this is a time of war, global peril, ukraine. these are not normal times. bring down the price you are charging at the pump to reflect the cost you are paying for the product. do it now. do it today. i m doing my part. i want the congress and states and industries to do their part as well. biden always using this speech to bash his usual suspects for soaring inflation, republicans and vladimir putin. i know my republican friends claim we re not producing enough oil and i m limiting oil production. quite frankly that s nonsense. for all those republicans in congress criticizing me today for high gas prices in america,
of ukraine. rob portman, thank you. that will do it for us here. we will continue to flow in battle back and forth for this gas tax relief. it is not a gimme, but the battle to get it through is on. here s the five. hello, everyone. i m judge jeanine pirro, along with harold ford jr., jesse waters, dana perino, and brian. it s 5:00 in new york city. this is the five. president biden desperate for a solution to surging gas prices. now he s rolling out a plan his old boss barack obama once called a gimmick. joe biden calling on congress to suspend the federal gas tax for three months, but has no plans
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bipartisan infrastructure bill? well, it s good to be with you. time is of the essence. we re still very hopeful that these bipartisan talks can wrap up in the next couple days. but it s true, there is backsliding by republican members of the bipartisan group. you ll recall first there was backsliding on how to pay for it. they did not want to give the irs additional resources to collect funds from people who already owe taxes to the irs including a lot of very wealth why i individuals. they backed off that. now there is some backing off of the commitments they made to president biden and others with respect to transit. we re trying to resolve those things. i ve been on the phone over the weekend with our democratic members on that bipartisan group. so, again, hoping we can wrap it up. but it s taking too long. what is the cut off for you