What a Gas-Tax Holiday Won’t Do
Save anyone much money or improve Biden’s approval rating
Gas prices in the U.S. are close to $5 a gallon, President Joe Biden’s approval rating is , and the first phenomenon has a lot to do with the second. But the factors that have are largely out of Biden’s control, at least in the near term. So it wasn’t a shock when he announced yesterday that he was asking Congress to suspend the 18.4-cents-a-gallon federal gas tax for three months. Even Biden doesn’t seem to
