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Transcripts For FOXNEWS America Reports 20240707

sandra: america s energy crisis, president biden will ask congress to suspend the gas tax for summer. critics say it will have little impact on american wallets and could make the inflation situation worse. hello, welcome, everyone, i m sandra smith in new york. hi, john. john: i m john roberts in washington and this is america reports. the president will request a three month suspension of the gas tax through september, currently $0.18 a gallon for gasoline. $0.24 a gallon for diesel. studies show a move like this does not save people all that much money but does cost the government billions of dollars in revenue. sandra: former president obama famously called it a gimmick in 2008, and all of this as we expect president biden to pin the blame once again on his favorite bogeyman, vladimir putin. jacqui heinrich is live at the white house. hi, jacqui. jacqui: good afternoon to you. the president is expected to call on congress to extend a federal gas tax holiday, som

Transcripts For FOXNEWS Special Report With Bret Baier 20240707

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 nothin

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