Q&A of the Day – Is Cutting the Federal Gas Tax Really Relief?

Published: June 23, 2022, 10:16 a.m.

While it remains to be seen if we’re already in a recession or just on the brink of one, there’s no doubt that the longer inflation outpaces household incomes, the greater the risk of a recession there is, and the deeper the recession would be. Quick action which directly impacts the biggest inflation driver has the best chance of minimizing the damage to the US economy.