Biden 32 point lead

Share to Twitter Share to Linkedin Topline President Joe Biden urged states to suspend their gas taxes Wednesday—while also calling for a federal gas tax holiday —as a way to provide some relief as gas prices hover at record levels nationally, though gas taxes vary widely state by state, with Pennsylvania the highest and Alaska the lowest. Key Facts Pennsylvania has the highest state gas taxes in the nation at 57.6 cents per gallon, according to data from IGEN tax software company. The other states with the highest tax rates are California (51.1 cents), Washington (49.4), New Jersey (42.1) and Illinois (39.2). Alaska has by far the lowest tax rate at 8.95 cents per gallon, followed by Hawaii (16), New Mexico (17), Mississippi (18) and Arizona (18). Biden’s call comes after several states have already suspended their gas taxes this year: Maryland ’s gas tax holiday lasted from March 18 to April 16, while Connecticut suspended … [Read more...] about These States Have The Highest—And Lowest—Gas Taxes, As Biden Pushes Tax Holiday

Share to Twitter Share to Linkedin As a group of invited oil company CEOs prepare for Thursday’s scheduled meeting with Energy Secretary Jennifer Granholm and other Biden administration officials, the heads of two U.S. majors, ExxonMobil XOM and Chevron CVX , made stage-setting public remarks on Tuesday. In a public letter to President Biden, Chevron CEO Mike Wirth detailed investments his company has made to raise both production levels and refinery throughputs in the U.S. in recent months. Wirth pointed to the fact that, in the Permian Basin alone, Chevron expects its crude oil output to reach 750,000 barrels of oil per day (bopd), an increase of 15% over its 2021 levels. Wirth also pointed to the fact that “Chevron’s U.S. refinery input grew to 915,000 barrels per day on average in the first quarter of this year from 881,000 in the same quarter last year.” Acknowledging that high prices for oil, natural gas and gasoline have been impacted by … [Read more...] about Chevron, ExxonMobil CEOs Set The Stage For Thursday Meeting With Biden Officials

Share to Twitter Share to Linkedin Topline A White House economic adviser, Heather Boushey, on Tuesday said she is “optimistic” the U.S. economy will not fall into a recession, joining a chorus of Biden Administration officials who pushed back against the contention that an economic downturn is inevitable. Key Facts Speaking at an event hosted by the Washington Post , Boushey said she believes there will not be a scenario “that will lead to the kinds of scarring of American families that we really don't want to see.” Boushey pointed to the country’s low unemployment rate, strong household balance sheets, and robustness in the face of the pandemic as the reasons behind her optimism. In an interview on Sunday, President Joe Biden insisted a recession was not “inevitable,” also pointing to the country’s low unemployment numbers as he urged people to not simply believe “a warning” about an impending downturn. The president also … [Read more...] about Here’s Why Biden Administration Officials Think A Recession Can Be Avoided

Share to Twitter Share to Linkedin 6/2/22—The article was updated with information about when President Joe Biden became aware of the severity of the baby formula shortage. There are several basic best practices businesses, organizations and governments should follow to manage crisis situations strategically, effectively and efficiently. The Biden White House has a mixed track record when its responses are measured against several of those standards. The administration’s mistakes and successes provide important lessons for business leaders when they have to respond to a crisis at their company. Be Informed Officials should be promptly informed about new problems and issues and the impact they may have. On June 1, President Joe Biden said “he was not personally aware of the severity of the infant formula shortage until early April, months into the shutdown of a manufacturing plant operated by Abbott Nutrition and subsequent recall of its … [Read more...] about The Biden Administration’s Mixed Track Record Managing Ongoing Baby Formula Crisis

How lucrative is the swamp? A first-of-its-kind analysis shows 77 officials who served under Obama and Biden boosted their assets by an estimated 270% from 2017 to 2021. M ost people have heard of Washington’s revolving door, which allows politicos to cash in on their government service by roving between the private and public sectors, leveraging their government connections and know-how. Distaste for the revolving door, and the potential conflicts of interest it creates, is one of the few things that can unify Republicans and Democrats. Presidents Donald Trump and Joe Biden both enacted rules to try to limit those interested in passing through the revolving door. Yet officials on both sides of the aisle have also taken advantage of the revolving door. A first-of-its-kind analysis, conducted by Columbia University’s Brown Institute for Media Innovation, MuckRock and Forbes , identified 151 officials who left the government in the final days of the Obama administration, … [Read more...] about Revolving-Door Riches: How Obama-Biden Officials Cashed In During The Trump Years

Share to Twitter Share to Linkedin Is too much inflation crushing your summer vacation plans? President Joe Biden has a holiday for you — at the gas pump. Biden is set to request from Congress a three-month, emergency relaxation of the federal tax on gasoline. By removing that tax of 18.4 cents per gallon, and right before the July 4th peak of driving season, Biden hopes to be credited for saving you three or four bucks every time you fill up. It’s not a huge savings. The federal gas tax hasn’t changed since 1993 and is not indexed for inflation. Still, according to the Congressional Budget Office, it brings in $45 billion a year, which covers nearly all the $47 billion last year in federal highway spending. As Energy Secretary Jennifer Granholm said on CNN, “Part of the challenge with the gas tax, of course, is that it funds the roads.” Ultimately, Congress will have to find another pocket to dig in to replace the $10 billion or so in highway funding. The … [Read more...] about Why Biden’s Federal Gas Tax Holiday Would Be Bad For America

Share to Twitter Share to Linkedin Toward the end of their debate last night, Donald Trump and Joe Biden went head to head on their diametrically opposed energy and climate policies. A highlight was Biden’s bizarrely false insistence that “I never said I would oppose fracking” and “I do rule out banning fracking.” Biden challenged a flabbergasted Trump to present proof to the contrary: “Show the tape, put it on your website” ( which Trump did ). Trump prompted debate moderator Kristen Welker to ask Biden a follow up: “Would he close down the oil industry?” Then turned and asked the question himself: “Would you close down the oil industry?” Biden took the bait. “I would transition from the oil industry, yes,” he said, adding, “Because the oil industry pollutes significantly.” “Oh that’s a big statement,” said Trump. Looking into the camera, while being interrupted by Welker four times , Trump said, “In terms of business, that’s the biggest … [Read more...] about Trump Lambasts Biden’s Fracking Flip-Flop And Pledge To ‘Transition From The Oil Industry’

Share to Twitter Share to Linkedin Topline President Joe Biden on Wednesday called on Congress to suspend the federal gas tax for three months, a move that the White House hopes will help ease some of the pain caused by high gas prices across the country. Key Facts In a statement released by the White House, Biden urged lawmakers to suspend the current 18-cent tax per gallon of gasoline and 24-cent on diesel until the end of September. The president also urged states to act, either by pausing their own gas taxes, deferring any planned hikes, or offering rebates and relief payments, in a bid to alleviate the burden of high prices at the pump. Biden asked lawmakers in Congress to ensure that the three-month tax freeze does not negatively impact the Highway Trust Fund—which is funded by these taxes—by using other revenues to cover its $10 billion cost. In the statement, Biden once again blamed Russian President Vladimir Putin and his … [Read more...] about Biden Calls On Congress To Approve 3-Month Federal Gas Tax Holiday

Republican Texas Sen. Ted Cruz lamented President Joe Biden’s “open border policies” and “Democrat hypocrisy” during a Wednesday press conference addressing the border crisis. The Texas senator attended the conference along with Republican South Carolina Sen. Lindsey Graham, Rep. Jim Jordan of Ohio and president of the National Border Patrol Council, Brandon Judd. Cruz said the border policies implemented by the Biden administration are causing “suffering, chaos, and misery.” “Joe Biden and Kamala Harris’ open border policies are producing suffering, chaos and misery,” he said. “They are producing Americans being killed by the scourge of fentanyl. They are producing little boys and little girls being repeatedly sexually assaulted by human traffickers. They are producing crime and death. And Joe Biden and Kamala Harris’ open border policies are making your families less safe.” WATCH: At press conference with Sen. Lindsey Graham, Rep. Jim Jordan, and @BPUnion ’s Brandon Judd, … [Read more...] about ‘Come To The Biden Cages’: Ted Cruz Targets Biden’s ‘Open Border Policies ‘ In Fiery Speech

While the White House continues to assure the country that President Joe Biden plans to run again in 2024, concerns over his age and how he’s handled multiple crises are sparking speculation over who else could make a ploy for office. Biden has been plagued with a series of crises since taking office – a disastrous withdrawal in Afghanistan, record-high inflation, skyrocketing gas prices, Russia’s invasion of Ukraine, a baby formula shortage and more. How he’s handled each situation is reflected in his poll numbers, which recently slipped for the fourth straight week, according to a Reuters-Ipsos poll published Wednesday. What’s more, concern is growing over Biden’s age. Currently 79 years old, the president will be 81 if he runs again in 2024. Entrepreneur and former Democratic presidential primary candidate Andrew Yang told The Hill on Wednesday that Biden’s “age will be a legitimate issue for many voters,” pointing out that he’s “already the oldest president we’ve had … [Read more...] about Despite Assurances From The White House, Washington Can’t Stop Talking About Replacing Biden