( - promoted by njdem)
(Cross-posted at MyDD and Daily Kos.)
In my first official post as a Menendez for Senate staffer, I'm really excited to announce the launch of StandUpToBigOil.com. As many of you have probably heard by now, Senator Menendez is fighting back against Big Oil and their allies in the Republican Congress. The Menendez plan will force Big Oil to foot the bill for a 60-day suspension of the federal gas tax to ease the burden of outrageous prices at the pump. Senator Reid and the DSCC have been touting the Menendez plan for a few weeks now, and it really seems to be gaining traction.
Here's the proposal, in a nutshell. As both retail gas prices trend upward with no relief in site, the federal gas tax -- currently $0.184 per gallon -- would be suspended for 60 days, ideally during the traditionally high-priced summer driving months. This tax holiday would be revenue neutral, however, as it's paid for by a repeal of the tax breaks and corporate welfare Republicans have made sure to protect for their cronies in Big Oil. Even though word of the Menendez proposal has made its way around the netroots, this is an important point that's been too often overlooked. Senator Menendez is going to stand up to Big Oil and make them pay for real relief at the pump.
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