{"id":8491,"date":"2022-03-29T16:42:42","date_gmt":"2022-03-29T23:42:42","guid":{"rendered":"https:\/\/sandiegonewsdesk.com\/?p=8491"},"modified":"2022-03-29T16:42:42","modified_gmt":"2022-03-29T23:42:42","slug":"fighting-inflation-with-more-inflation-congress-considers-gas-rebate","status":"publish","type":"post","link":"https:\/\/sandiegonewsdesk.com\/?p=8491","title":{"rendered":"Fighting Inflation With More Inflation: Congress Considers Gas Rebate"},"content":{"rendered":"<p>Written by T. Logan Dayne<\/p>\n<p><span style=\"font-weight: 400;\">Congress is considering a federal gasoline stimulus that looks to give $100 per month per person with an additional $100 for each dependent. This money would go to places <a href=\"https:\/\/gasprices.aaa.com\/?state=US\">where the average gasoline prices are more the $4 a gallon<\/a>. For some, this would offset the price of about 1 week&#8217;s worth of gas.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The inflation caused by massive government spending is being felt by everyone in the nation but especially by those to whom pennies matter most. But rather than try and bring down inflation, the strategy seems to be more spending. No one stops to ask how inflation became so high, to begin with, those in power just keep doubling down on the same position and those who lose most will be the lower and middle class. California is looking to give state payouts as well-meaning that qualifying Californians could receive both federal and state payments. Don\u2019t ask where the money is coming from though because not even the Representatives, committees, and leaders know. <a href=\"https:\/\/mikethompson.house.gov\/newsroom\/press-releases\/thompson-larson-underwood-introduce-bill-to-provide-energy-rebate-to\">Rep Mike Thomason (D)<\/a>, one of the main leaders pushing this plan hasn\u2019t come up with a plan to pay rebates and doesn\u2019t even know how much it will cost.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, <a href=\"https:\/\/www.padilla.senate.gov\/newsroom\/press-releases\/amid-high-gas-prices-padilla-working-to-curb-big-oil-profiteering-and-provide-consumers-relief\/\">Sen. Alex Padilla (D-Calif.)<\/a> has decided that the solution is more taxes. He is pushing The Big Oil Windfall Profits Tax Act requiring oil companies that produce or import 300,000 barrels of oil a day to pay about 50% of the difference between the<a href=\"https:\/\/www.cnbc.com\/quotes\/@CL.1\"> current price of a barrel of oil<\/a> and the pre-pandemic average. It should be stated that no country or state has ever taxed itself into prosperity. California\u2019s taxes and regulations have only increased the cost of living but to the leaders of the state there is no such thing as \u201cDeregulation\u201d. To them, all problems can be solved through more control. Other ideas being proposed include placing or increasing tariffs on all countries that are not sanctioning Russia.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There are, of course, many problems with these proposed plans. The worsening causes of inflation, however, is not chief among them. House Transportation and Infrastructure Committee Chairman Peter DeFazio (D-Oregon) is concerned about the people who don\u2019t drive who would be qualifying for the $100 rebate. \u201cThere are a significant number of people who don\u2019t drive. There\u2019s no way to know who does buy gas and who doesn\u2019t buy gas,\u201d he said. As to what the plan is for these coastal states seems vague but DeFazio says \u201cWe all agree we\u2019ve got to do something.\u201d For better or more likely worse, the coastal states wait whatever that \u201csomething\u201d is.\u00a0<\/span><\/p>\n<p>Photo Cred: Tom Williams \/ CQ Roll Call \/ Bloomberg via Getty Images file<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Written by T. Logan Dayne Congress is considering a federal gasoline stimulus that looks to give $100 per month per person with an additional $100 for each dependent. This money would go to places where the average gasoline prices are more the $4 a gallon. For some, this would offset the price of about 1&#8230;<\/p>\n","protected":false},"author":3,"featured_media":8492,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-8491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Fighting Inflation With More Inflation: Congress Considers Gas Rebate - San Diego News Desk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sandiegonewsdesk.com\/?p=8491\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fighting Inflation With More Inflation: Congress Considers Gas Rebate - San Diego News Desk\" \/>\n<meta property=\"og:description\" content=\"Written by T. Logan Dayne Congress is considering a federal gasoline stimulus that looks to give $100 per month per person with an additional $100 for each dependent. This money would go to places where the average gasoline prices are more the $4 a gallon. 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