FreedomWorks’ Bill of the Month for June 2021: The Pausing Unrelenting Markups on Petroleum (PUMP) Act, H.R. 3275
FreedomWorks is excited to announce that our bill of the month for May 2021 is the Pausing Unrelenting Markups on Petroleum (PUMP) Act, H.R. 3275. Introduced by Rep. Yvette Herrell (R-N.M.), the bill would temporarily suspend the collection of the 18.4 cents per gallon federal gas tax.
The Big Picture
As Americans are going back to work nationwide, they are met with skyrocketing prices across the board. In April 2021, the Consumer Price Index saw the largest spike since September 2008. The rise in gas prices is one that stretches the pocketbooks for everyday Americans around the country. Employers are grappling with an environment where people are more comfortable collecting enhanced unemployment than showing up for work.
The effects of disastrous COVID-19 economic policies are still being felt. There are emergency orders that have yet to be lifted, enhanced unemployment benefits that still keep people at home, and small businesses that struggle to get by.
The financial hardship many Americans are currently experiencing is only made more difficult by the rise in prices at the gas pump. In general, the gas tax contributes to the higher price of consumer goods as it raises the cost of transportation on highways. Now, gas prices are at their highest since 2014. The PUMP Act provides much-needed relief to families by suspending the federal gas tax.
The Details
- This bill temporarily suspends the 18.4 cents per gallon federal gas tax.
- This suspension would last until all COVID-19 emergency orders are lifted or six months after the law is enacted, depending on which is longer.
Why It Matters
We need to be making energy more affordable and available, both now and in the long term. By suspending the federal gas tax, working families can get much-needed immediate relief. Going forward, we need to promote affordable and reliable energy production at home for long-term energy sustainability.
Unfortunately, President Biden has not made energy independence a priority of his administration. He has done quite the opposite. President Biden has halted construction on the Keystone XL Pipeline and placed a moratorium on issuing new drilling leases on federal lands using executive orders. The recent hack of the Colonial Pipeline has made the need for reliable domestic oil production and distribution all the more evident.
While Americans struggle to make ends meet, relief at the gas pump is one substantial burden that can be lifted by simply getting the government out of the way. Rep. Yvette Herrell’s PUMP Act is a significant measure to help the day-to-day well-being of working for American families everywhere.
Hopefully, more members will see how vital it is to put money back in the pockets of hard-working Americans by supporting the PUMP Act, H.R. 3275.
Source: https://www.freedomworks.org/content/freedomworks%E2%80%99-bill-month-june-2021-pausing-unrelenting-markups-petroleum-pump-act-hr-3275
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).