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Biden Seeks Gas Tax Relief Amid War-Amplified Price Hikes

The war in Ukraine is causing disruptions around the world, from what President Joe Biden terms a “Putin price hike” for American petroleum consumers to an impending global food crisis. On Wednesday, Biden said he was taking steps to try to offset the effects, something he said he’ll be focusing on ahead of two key summits and a Mideast trip. Anita Powell reports from the White House.

Transcripts for CNN Wolf 20150106 18:45:00

vice president joe biden, take a look at this about an hour or so ago, he s the president of the u.s. senate. he was swearing in the new members these are actually live pictures right now. he s taking photographs with some of the newly elected and reelected senators, their family members, joe biden, part of the job. he s the vice president of the united states but he s the president of the senate. so he swore in a whole bunch of newly elected senators and reelected senators. you see senator orrin hatch joining the festivities there. that s going on right now. as gas prices drop at the pump the u.s. federal gas tax could be rising. the last time that happened that was back in 1993. back then bass prices for as low as $1.09 a gallon. i was cnn s senior white house correspondent at the time. i remember president bill clinton signed that into law that brought the total tax to 18.4 cents per gallon at the

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