Political Quotes

On the recordApril 29, 2008
Thank you, Mr. Speaker. During this election season, we've seen some pretty painful moments. It has been embarrassing, for instance, to watch the flip-flopping of Senator McCain on tax cuts that he is now for before he was against them. But there is no idea that is as bad as his most recent suggestion that we just have a gas tax holiday, to suspend the 18.4 cent per gallon Federal gas tax from Memorial Day through Labor Day. This is a really unfortunate suggestion. It's unfortunate to me that Senator Clinton appears to be embracing it. I would hope that Senator Clinton's staff will help her remember her own words when this proposal was launched by one of her opponents in 2000 when she was running for the United States Senate, where Senator Clinton pointed out that it would be a 'bad deal for New York and a potential bonanza for the oil companies,' which is why she opposed it back then. Her words were true in 2000 and they are true today. In fact, it's even more important. First of all, there is absolutely no evidence that States that have suspended the gas tax have ended up putting any more money in the pockets of consumers. The research suggests that it's more likely that they have simply increased the amount of money that goes to the oil companies who are not reducing their prices to compensate for the reduction.
Said by
Earl Blumenauer
Democratic · Oregon

Editor's note · Context

Criticizing the proposal for a gas tax holiday during a speech on the House floor.

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