Tuesday, April 22, 2008

Pump it Up - Obama Opposes Gas Tax Holiday

"Policy differences between Barack Obama and Hillary Clinton have been far and few, but a new one emerged on Monday over a proposed gas tax holiday. Obama says he’s against while Clinton says she’s in favor, putting her on the same side as John McCain, who proposed such a holiday last week.

Earlier Monday at a community college in the Philadelphia suburbs, Obama rejected a tax holiday as bad economic policy. “I’ve said I think John McCain’s proposal for a three-month tax holiday is a bad idea,” Obama said, warning consumers that any price cut would be short lived before costs spike back." Full Story

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