congress. would this really help or a ploy for political mileage? and president biden will have to counter this dismal sal by barack obama in 2008. we re arguing over a gimmick to seau half a tank of gasp. if so everyone in washington can pat themselves on the back. let me tell you something. this isn t an idea designed to get you through the summer. it s an idea designed to get them through an election. phil mattingly joins us at the white house. this is another effort by president biden to deal with gas prices. he s released oil from the strategic reserve. he will travel to saudi arabia in efforts to increase production. he s called on refineries to ramp it up. but even some democrats don t support a gas tax holiday. help us understand the white house thinking here. reporter: it s just a myriad of reasons why they have been reluctant to give their support. it s been on the table. it s been something that s been under consideration by president biden and his team ask t
29 states don t have that law. there s a huge amount of guns that are bought private, seller to buyer, privately. and a huge amount of guns sold at gun shows. this would not cover that. the last time we thought we had a major proposal, that did include universal background which cans that would have closed the gun show loophole and private sales holes. this doesn t have that. the reason is republicans didn t think they could get ten of their own to vote for it. this one appears to have the votes in the senate. the republicans in the house are whipping against this bill. they don t want their members to support it. chris, thank you for helping us understand what it does. and now to what public health experts are calling a transformative move to make cigarettes less addictive. the biden administration is moving to limit the amount of nicotine in et cigarettes and other ftobacco products.
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of reasons why they have been reluctant to give their support. it s been on the table. it s been something that s been under consideration by president biden and his team ask they waited until now to pull the trigger on the support. there s no guarantee there will be the votes in the house. there will be will not be the votes in the senate. with this moment underscores perhaps more than anything else is the urgency inside the administration to show they are trying to take action. there s a recognition that while maybe this doesn t filter down, there are concerns a about the highway trust fund and the funding for that. they need to show that they both understand the problem and are trying to to do something no matter how small to address that problem. as one official told me a couple days ago, it doesn t take a political savant to recognize the connection between gas prices and approval numbers. we have seen that play out over the course of the last couple weeks, but we also have seen t
there s not enough gasoline. not enough jet fuel. this doesn t do anything to fix a that. on the demand side, which has been really strong, this could support demand. because it artificially lowers the price. that s not great. there s also no guarantee any of the savings will be passed along by the oil companies to consumers. a report was just put out that seems less likely it would pass through to retail prices. statewide consumers have benefitted. also the gas tax goes to fund infrastructure. highways, roads, bridges. all these projects are costing more because of labor costs and trl cost. there s a lot of drawbacks here. thank you. we ll see what happens. congress would have to sport