Geoff Garin

Clinton Camp Panicking on Gas Tax Holiday?

The focal point of the Democratic Primary race this week has been the debate over a proposed "gas tax holiday," with Senator John McCain first to propose lifting the gas tax for the summer, and then with Hillary Clinton proposing a windfall profits tax to offset the lost revenue from the tax reprieve. Senator Barack Obama has opposed both measures, citing near-unanimous agreement among economic experts that such a measure would result in little or no decrease in gas prices while wreaking havoc on construction jobs. When asked on Thursday to produce even one policy expert who agreed with the ...

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