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Transcripts For FOXNEWS Americas Newsroom 20240707



are paying diesel. the president wants to suspend that through september. he needs congressional approval to get it done, however. members of both parties are a bit skeptical. dana: jason chaffetz echoed concerns of republicans who say it won t address the real issue. it s a pure gimmick and does not solve the problem at all. it really doesn t. we have a supply problem and the president has no plan other than to go to the saudis, cut some gas tax, tap into the strategic petroleum reserve, all of which are bad ideas. produce the energy at home and they can solve the problem. that s not what he is doing. bill: what is he doing? peter doocy joins us from the north lawn leading the coverage today. good morning. even if this gas tax holiday gets passed by congress, it is unclear this morning exactly how much help people are going to get. markets don t respond to gimmicks. the administration it is an unserious solution to a serious problem and they are just not ....

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Transcripts for FOXNEWS Americas Newsroom 20240604 13:02:00

Gimmicks. the administration it is an unserious solution to a serious problem and they are just not taking this as it really should. members of both parties are skeptical. the republican argument from tom cotton reads like this. the dems tax holiday is a gimmick worth 18 cents a gallon or 6% of the increase in gas since biden took office meant to cover up that stem policies that restricted supply and raised cost. democratic argument from fuhrman is this. i don t think it s a good idea. if you do it at the national level there is nothing that says that the companies pass the savings on. they could keep the extra profit for themselves. president biden is blaming putin and oil companies. chevron is responding. your administration is largely sought to criticize and at times vilify our industry. these actions are not beneficial to meeting the ....

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