the lead story on most all newscasts today is about the high price of gasoline and fuel. In just the past 2 weeks, the price has risen 12 cents per gallon, with a national average today at $1.53 per gallon as compared to less than $1 one year ago. For the past two weeks the people at home have asked, what is Congress going to do about the high price of gasoline? Mr. Speaker, the only controlling factor the Congress has pertaining to the price of gas or fuel is the tax imposed by Congress. In 1993, the Congress increased the gas tax by 4.3 cents per gallon for deficit reduction. Today there is no deficit. Today Congress can repeal the 4.3 cents gas tax and help with the cost of gas and fuel. Mr. Speaker, I am aware of the needs and the challenges of infrastructure, but the Congress must adjust its needs, the same as a family adjusts its budget to meet its needs.
Editor's note · Context
Addressing the rising price of gasoline and the possibility of repealing the gas tax.
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