There's a foot race between gas bills and paychecks.
Sentiment: NEGATIVE
Our economy is on the move and we are creating thousands of new jobs, but we need to keep our foot on the gas pedal.
The way things are going, we are not too far from the day when it will take an hour's labor just to pay for the gasoline to get to the job.
If we continue to print new paychecks at the rate we've been adding them, that mitigates a lot of the damage of higher gasoline prices.
National Democrats often try to pay for something with oil and gas taxes.
I've got to pay $5 for gas just like everybody else.
Today a minimum wage earner has to work a day and a half just to pay for a full tank of gas. That is simply shameful.
And as you point out, for American families who struggle every day to figure out how do they pay, we talk about gasoline prices. That throws budgets into a real problem when you have budgeted really tight.
Mr. Speaker, high natural gas prices and the summer spike in gasoline prices serve as a stark reminder that the path to energy independence is a long and arduous one.
It doesn't take a degree in economics to know that something is wrong when it takes $30 or $40 to fill up the gas tank.
I don't see a groundswell of people willing to raise gas taxes right now. That leaves fuel economy standards as the only effective tool we have as a nation to make a dent in our dangerous and ever growing consumption of oil.
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