Both Hillary Clinton and John Sidney McCain III have endorsed the proposed "Gas Tax Holiday" for the summer months.
Only Barack Obama has the courage to object to this transparent stunt aimed at getting votes while not helping the real issues that face us.
Let's look at what the gas tax holiday means:
The federal gas tax raises money which is disbursed to the states for highway and bridge construction. This much needed income will disappear for three months.
The tax itself is 18 cents per gallon. Over the course of the summer, an average American driver might save about $30.
BTW, this number isn't based on "voodoo math"; I ran the numbers myself, based on someone who drives 12,000 miles per year, with their car getting 18 miles per gallon. Multiply the number of gallons by 18 cents, and it comes out to EXACTLY $30.
And that's only if the oil companies, which have nearly zero regulation, don't raise the price of gas at all. For comparison, gas prices have risen more than 20 cents per gallon during the first three weeks of April!
Not much of a break there. I'd rather see Clinton and McCain support a windfall profits tax on the oil corporations, so they still get to make their billions, yet the nation that made them wealthy might also benefit.
We definitely need relief from the spiraling cost of fuel. But sacrificing our highway infrastructure or our safety isn't the best way to go about it.