The difference between day and night

The price of gas is inching close to a psychologically jarring $3.00 a gallon here in NJ, and is well passed that point elsewhere. It’s bad for the poor, bad for consumers, and bad for the economy on the whole. Naturally, congresscritters are all over this, looking to score political points by alleviating the pinching going on at the pump. There’s a myriad of different ways this could be done though; and the difference between Bush and the Democrats here is the difference between black and white.

The Democrats:

Democrats are set to introduce a measure that would create a “federal gas tax holiday” by eliminating the federal tax on gas and diesel for sixty days, RAW STORY has learned.

The measure, proposed by Sen. Bob Menendez (D-NJ), would reduce the cost of gas by $0.184 per gallon and the cost of diesel by $0.244 per gallon. The move, aides say, will provide $100 million dollars per day in relief.

Democrats say the money will be made up by cutting six billion dollars in tax breaks to oil firms. Currently, the money from the federal gas tax goes to the Highway Trust fund.

Bush’s:

President Bush on Tuesday ordered a temporary suspension of environmental rules for gasoline, making it easier for refiners to meet demand and possibly dampen prices at the pump. He also halted for the summer the purchase of crude oil for the government’s emergency reserve.

So, let’s recap. The Democrats are looking to put a little extra money in consumer’s pockets and holding the oil companies accountable by taxing their excessive profits. Bush thinks the solution is to gut the environment and put more money in the oil company’s profits (assuming that they’ll then lower prices out of the goodness of their hearts, I guess).

Rarely is the difference between the two parties so clear and distinct. The former actually has a solution that could help the problem; the latter is just sucking corporate cock while fucking us in the ass.

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