But hurdles on Capitol Hill, including a cool reception from key Democrats like House Speaker Nancy Pelosi, and concerns about the policy effect of the move largely shifted the idea to the background over the last several months.
As gas prices continue to rise, however, administration officials have scrambled to find policy options that would address the pain at the pump — or demonstrate support for action. Biden, speaking to reporters on Tuesday, appeared to lean toward the idea when he noted a pause in the gas tax would have only a minor impact on funding for roads – a key policy concern.
“It will have some impact, but it’s not going to have an impact on major road construction and major road repairs,” he said, citing the major infrastructure package passed last year. The President reiterated that he planned to make a decision this week. “I’m in a process and I’ll have a decision before the week is out,” he said.
Thus increasing demand and driving up inflation? GENIUS!!!