In a speech given at Carnegie Mellon University on April 2008 RepublicanSenator and presidential candidate John McCain proposed a summer-long suspension of the federal gasoline tax as a possible solution for the U.S.'s current economic woes.
Fast Facts:
- Current Gas Tax: 18.4 cent
- Current Diesel Tax: 24.4 cent
- Proposed Duration of Cut: Memorial Day (May 26, 2008) to Labor Day (September 1, 2008)
McCain Gas Tax Holiday Blogs and Commentaries
Google Blog Search: McCain Gas Tax Holiday
MSNBC: McCain 'gas-tax holiday' is a campaign retread (April 15, 2008)
FOX Embeds (FOX News): McCain Proposes Gas Tax Holiday (April 15, 2008)
From The Road (CBS News): McCain Proposes Gas Tax Holiday, Attacks Democratic Plans (April 15, 2008)
The Oil Drum: Europe: McCain wants a gas tax "holiday." It's a no-brainer, right? (April 15, 2008)
Huffington Post: Joseph Romm: McCain reveals hypocrisy, cynicism with call for gas-tax holiday, energy budget freeze (April 15, 2008)
Political Intelligence (Boston Globe): McCain proposes gas tax holiday (April 15, 2008)
Market Features (The Street): McCain Edges Away From Bush With Economic Plan (April 15, 2008)
The Hill: McCain wants to cut gas tax temporarily (April 15, 2008)
Environmental Capital (The Wall Street Journal): McCain: Curb Emissions? Later, Sure, But Not While I'm Running (April 15, 2008)
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