Pelosi Says No Way to Gas Tax Holiday
Not to put too fine a point on it, but House Speaker Nancy Pelosi more or less said to Sen. Hillary Clinton and Sen. John McCain today "You know what you can do with your gas tax holiday idea."
The Washington Post's The Trail blog reports that Pelosi said this afternoon that Congress will not consider an 18-cent gas tax holiday.
"There is no reason to believe any moratorium on the gas tax will be passed on to consumers. That's first and foremost," she said. "Second, it will defeat everything we've tried to do to lower the cost of oil," noting that Democrats have been trying to shift the nation to alternative fuel sources, not promote gasoline consumption.
That puts the kibosh on that. Clinton says she will return to the Senate to introduce her measure and that she'll have several co-sponsors. But without support in the House, it's all window dressing.
9:07 PM ET | 05- 1-2008 | permalink

