The President could decide by the end of the week, and possibly in an announcement this afternoon, whether to temporarily halt the federal 18.3-cent-per-gallon gas tax as a way to ease the burden that soaring gas prices have been having on Americans lately. WRCR market analyst Ken Mahoney of Mahoney Asset Management in Chestnut Ridge says we do need help…
CNN says the move would require an act of Congress, and so far there’s been a lukewarm reception at best. Politico reports it stands next to no chance of passage in Congress. New York state and Rockland County have already offered motorists a gas tax holiday.