June 9, 2008
Posted: June 9th, 2008 01:50 PM ET
From CNN Political Producer Peter Hamby, CNN's Dana Bash
McCain regularly called for a gas tax holiday in April and May.
WASHINGTON (CNN) – With gas prices reaching a national average of four dollars a gallon - a record high - John McCain is planning to resurrect his call for a national gas tax holiday, which became a staple of his stump speech in late April and early May. A McCain aide told CNN's Dana Bash on Monday that the Arizona senator planned to plug the gas tax holiday in public statements throughout the day as a message to voters that he understands the plight of working families in a tough economy. Before a fundraiser in Richmond, Virginia on Monday, McCain mentioned the gas tax holiday in remarks to a smaller event for about 40 high-dollar donors. "That was derided by Sen. Obama and others as a gimmick," McCain said, but added that working people and truckers would appreciate it. "I don't pretend that it's an answer to our energy problems," he said. Gas prices have risen more than 10 percent from $3.671 a month ago and are nearly 29 percent higher than the $3.105 average a year ago, according to AAA figures. McCain's original gas tax holiday proposal called for suspending the 18.4 cent federal gas tax and 24.4 cent diesel tax from Memorial Day to Labor Day. Hillary Clinton supported a similar proposal during her Democratic primary bid. Along with Barack Obama, many economists largely dismissed the notion of a gas tax holiday as a political ruse that would do little to lower prices, but McCain has repeatedly said he does not believe the proposal would be a panacea for America’s energy woes. Instead, McCain argued, low-income families could save some extra cash to pay for their children’s school supplies this fall, or perhaps treat themselves to a nice dinner. UPDATE: Obama spokesman Hari Sevugan blasted McCain for continuing to push the plan. "By touting a gas tax holiday as part of his proposal for economic recovery in Virginia today, Senator McCain proved he was right when he said he doesn't understand the economy as well as he needs to," he said in a statement emailed to reporters. Filed under: John McCain
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