Congressman Adam Schiff introduced a bill Tuesday to eliminate the federal gas tax until the end of 2023.
Southern Californians continue to struggle at the pump as gas prices keep breaking records day after day.
Pleading for relief as gas prices continue to stay above $6 throughout Southern California, Congressman Adam Schiff believes he may have the solution to ease the pain at the pump. On Tuesday, Schiff introduced a bill to first eliminate the federal gas tax until end the end of 2023, knocking down the prices of gas across the country by about 18 cents.
Schiff said some oil companies saw first-quarter profits soar more than 300% compared to the same time frame in 2021. The congressman claimed that shell made $9.1 billion in the first quarter of 2022, compared to $3.2 billion last year.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CA congressman proposes suspending federal gas tax, increasing taxes on 'Big Oil’s skyrocketing profits'With gas prices continuing to set records both in California and nationally, Rep. Adam Schiff announced a proposal Tuesday to suspend the federal gas tax in an effort to ease the pain at the pump.
Read more »
Chronic pain — why science has scant succour for one in five peopleA physician calls on the medical system to contextualize and personalize the treatment of pain.
Read more »
Ukraine war evokes painful memories for San Jose artist now fundraising for victimsIn San Jose, 6,000 miles away from Ukraine, Trieu Dao can still feel the pain.
Read more »
Why gas prices are continuing to hit record highsPrices at the pump could rise even higher in the coming months amid a summer travel boom, experts said.
Read more »