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refining capacity. the administration estimates the moves could lower gas prices by at least $1 a gallon, if they can get it all through congress. i should say, this faces steep opposition from some on capitol hill, even from some of the president s own party, and members of the administration have even conceded there are significant downsides to do this, jim. plus, significant new evidence in the latest hearing from the january 6th committee, witnesses testify that former president trump and sitting gop lawmakers were directly involved in pushing fake slates of electors in multiple states to attempt to overturn the 2020 election while the president s personal attorney rudy giuliani admitted they had no evidence of widespread fraud to back up that plan. he turned the call over to mr. eastman, who then proceeded to talk about the importance of the rnc helping the campaign gather these contingent electors. did you also receive a call from u.s. representative andy bi ....
president biden resorted to mocking oil company executives for the price surge and continues blaming russia for his own bad policy. griff jenkins has the latest details. griff: good morning, it is official fox news can confirm the idea barack obama once called a gimmick, president biden will call for it, three-month federal gas tax holiday, he is calling on states to take similar action. gallon of gas was just $2.39 on inauguration day. senator tom cotton calling it a gimmick and saying it is meant to cover up the fact dem policies restricted supply and raised cost. senator tim scott had this to say. we re going to try to trick the market and suggest we can alleviate tax pressure, that is great. but the way gas is ticking up every week, that reduction in price is eliminated in about 12 days. criticism is not limited to capitol hill, target ceo blasting saying it is time to change the supply and demand curve for fuel and transportation. another oil company chief is ....
unleaded gas, 24 cents per gallon of diesel. the national average for regular unleaded hovering around $5 a gallon. lawmakers in both parties say they aren t really certain this would make much of a dent. south carolina senator tim scott is skeptical. unfortunately the way that gas is ticking up every single week, that reduction in price is eliminated in about 12 days. what we need is to have certainty and predictability so that those energy producers feel like they can invest billions of dollars to extract the energy from the soil so that we can use it in our tanks. all we re doing is playing a game of moving things around but not actually impacting the marketplace long term. harris: that s why i question does it help biden s politics more? americans are changing travel and commuting plans to save on gas. while the president is busy fighting with the head of a major oil company. wait a minute. which direction does he want to go in here? does he really want to help ....
are paying diesel. the president wants to suspend that through september. he needs congressional approval to get it done, however. members of both parties are a bit skeptical. dana: jason chaffetz echoed concerns of republicans who say it won t address the real issue. it s a pure gimmick and does not solve the problem at all. it really doesn t. we have a supply problem and the president has no plan other than to go to the saudis, cut some gas tax, tap into the strategic petroleum reserve, all of which are bad ideas. produce the energy at home and they can solve the problem. that s not what he is doing. bill: what is he doing? peter doocy joins us from the north lawn leading the coverage today. good morning. even if this gas tax holiday gets passed by congress, it is unclear this morning exactly how much help people are going to get. markets don t respond to gimmicks. the administration it is an unserious solution to a serious problem and they are just not ....
federal reserve is directly contradicting the president about the main driver behind that inflation. white house correspondent jacqui heinrich starts us off live tonight from the north lawn. good evening, jacqui. good evening to you, bret. for now rebate cards are out and the federal gas tax holiday is in. president biden s problem few democrats don t see the point. i fully understand that a gas tax holiday alone is not going to fix the problem. but it will provide families some immediate relief. president biden wants congress to suspend the federal gas tax for 90 days to bring down prices at the pump. but evidently didn t nail down lawmaker support before making the public plea and congress is lukewarm. house speaker nancy pelosi writing: we will see where the consensus lies on a path forward. democrat senator joe manchin indicated the votes may not be there at all telling abc. i m not a yes right now that s for sure. even if congress gets on board, there is ....