Sen. Lee: Biden's proposed gas tax suspension is 'treacherous'
Utah Sen. Mike Lee says the Biden administration's policies are accelerating a recession in America
Sen. Mike Lee, R-Utah, said Biden's proposed three-month gas tax suspension is ‘treacherous’ to the American people because it will ultimately drive inflation even higher. On "The Faulkner Focus" Wednesday, Lee said the administration's policies are only accelerating the possibility of a recession.
SEN. MIKE LEE: Everything the Biden administration seems to be doing will have a natural tendency of accelerating and making that much more inevitable a recession, while at the same time also driving up inflation. If he just suspends this gas tax for a period of three months – first of all, he would end up extending the suspension before the midterms for the reasons you alluded to a minute ago – but even if it were just three months, there's a lot of revenue that still has to- We still have to pay for the upkeep and the maintenance of our interstate transportation network. Our interstate system. So where's that money going to come from, Harris? We're just going have to borrow more of it. Effectively printing more of it. You know what that does? That spikes inflation even more. That's why this is treacherous. This is wrong, and we can't let it happen.
WATCH THE FULL INTERVIEW BELOW:
Fox News First
Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox.
By entering your email and clicking the Subscribe button, you agree to the Fox News Privacy Policy and Terms of Use, and agree to receive content and promotional communications from Fox News. You understand that you can opt-out at any time.