On Tuesday, President Obama released the final budget of his presidency. As a parting shot, he includes a new tax on the middle class that adds about 24 cents to the price of every gallon of gasoline. This will be bad for consumers, bad for jobs, bad for America’s economy and bad for our national security.
The tax hike comes in the form of a $10 “fee” per barrel of oil. The money is earmarked for new spending on green transportation projects. This is just the latest sign that the Obama administration is eager to continue its assault on American energy production.
Today the OPEC cartel is produ...
Reader Comments(0)