The more that high prices at the pump stick around, the more that state and federal lawmakers are trying to find ways to ease drivers’ financial pain.Though gas prices have backed off their record-breaking high in recent days, it hasn’t been by much.
On Wednesday, California Governor Gavin Newsom unveiled a plan that would send $400 debit cards to every household with a car registered in the state, where average gas prices are the highest in the nation. The plan would distribute a maximum of two debit cards, meaning $800, per household. The proposal would also foot the bill on bus or train fare for three months to help people without a car.
While those ideas surface, more states are pausing their gas taxes — much to the approval of voters in search of any kind of cost break. Roughly three quarters of voters said they support a hiatus on federal and state gas taxes, according to Morning Consult/Politico poll released Wednesday. Nearly 20 other states are now considering pauses or at least smaller gas taxes for varying amounts of time, said Jared Walczak, vice president of state projects at the Tax Foundation, a right-leaning think tank.
Suspended the gas tax. Plus if you really think about it. House holds with more then 1 car are just gonna get more money.
So more inflation should help everyone out
Neither! In the end you're still stuck with high ⛽️
None of the above. Stay hands off and let the market sort it out.... Free money will just drive inflation higher, and suspending the gas tax will just kill road maintenance budgets.
Bring Trump back ASAP
And 22.50 for those who have motorcycles
Moron!!! So if I own a car and barely drive I’ll get the same amount as the commuter who drives into SF with a 2 hour daily commute … genius Newsom, fckn genius
What about 4 cars?
Neither
Spy just lost 2$ nice
Just outlaw oil commodities trades on volatility and base it on actually supply and demand.
Being energy dependent within our OWN country, pumping oil in our OWN country. That’s much more effective than giving out more money and making inflation go even higher.
Suspend gas tax. And giving people with electricity cars $400. WTF!
As oligarchs continues to profit millions and billions in record profits gouging all consumers, also causing prices increasing on all purchased products, making the next largest recession….oppression world wide, greed = evil….sad…
What if you just sold your car because gas was to expensive I guess it is too take for them 🤔
That is a really populist measure. I am not an expert but does not it increase inflation
How about NOT handing out any free money because of the high gas prices (at tax payer expense) and simply drill our own oil and gas which will bring energy prices down to the levels we had under Trump administration.
I wish I lived in Ca. $800 will get me a new X Box! Can’t wait!
Opening the pipeline! Let’s go Brandon
Sending people money when Inflation is at its highest level in 40 years makes zero sense.
The best approach is to open the US to more drilling and fracking and revitalizing the Dakota Access pipeline.
New son
Can’t they subsidize or cut gas tax instead? pouring more free money in the system is recipe for higher inflation again
Would this happen if the US dollar was not the dominant global trade currency? Manage the cost of fuel. Throwing money at your people cause bigger problems.
Meme stocks going to rip again 😆
Where is my $400?
Time to start using a dollar-cost averaging strategy at the pump.
“Newsom should not only waive gas tax but impose a negative gas tax to further reduce price.
I usually support taxing income to fund a commerce infrastructure, rather than taxing economic activity at the point of sale for Commodities, Property, & Services… with tolls, fees, & premiums. But taxing a commodity that needs to be replaced, is a good thing.
going to go buy a used beater that needs a new... everything... for $200 and pocket the $200 extra
So, it’s kind of like a free fill up coupon.
Insanity. Looney economics
Can’t they subsidize or cut gas tax instead? adding more free money in the system is just recipe for higher inflation
grab the paycheck and hit the bike!
Could just increase minimum wage by 2 dollars.
Ah yes, subsidizing demand when there is a lack of supply. Does he have an economist on staff?
Even electric cars tho?
Neither. Biden wanted to “kill fossil fuels’. How about about becoming energy independent again? It doesn’t cost tax payers a dime. Reminder, electric cars need COAL for electricity and batteries come from China, if you can get them.
Car Car Latest News, Car Car Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ABC7 - 🏆 67. / 68 Read more »
Source: abc7newsbayarea - 🏆 529. / 51 Read more »