Immediate Relief for American families

Immediate Relief
for American Families
Gas and Food Prices
John McCain will help Americans hurting from high gasoline and food costs. Americans need relief right now from high gas prices. John McCain will act immediately to reduce the pain of high gas prices.

John McCain believes we should send a strong message to world markets. Under his plan, the United States will be telling oil producing countries and oil speculators that our dependence on foreign oil will come to an end - and the impact will be lower prices at the pump.


John McCain's policies will increase the value of the dollar and thus reduce the price of oil. In recent years, the declining value of the dollar has added to the cost of imported oil. This will change. Americans will have a stronger economy, a stronger dollar and greater purchasing power for oil, gas and food.


John McCain believes we should institute a summer gas tax holiday. Hard-working American families are suffering from higher gasoline prices. John McCain called on Congress to suspend the 18.4 cent federal gas tax and 24.4 cent diesel tax from Memorial Day to Labor Day.



Reuters: Gas Tax Holiday "Of Most Immediate Effect To Consumers." "Of most immediate effect to consumers was his appeal to the U.S. Congress to suspend the 18.4 cent federal gas tax and 24.4 cent diesel tax from Memorial Day at the end of May to Labor Day in early September." (Steve Holland, "McCain Proposes Tax Cuts And Lashes Democrats," Reuters, 4/15/08)


USA Today: "A USA TODAY Analysis Showed That McCain's Gas-Tax Proposal Could Save Motorists $6.8 Billion In Taxes During The Summer." (Kathy Kiely, "Gas-Tax Holiday Among McCain's Plans For Economy," USA Today, 4/16/08)


John McCain will repeal the 54 cents per gallon tax on imported sugar-based ethanol, increasing competition, and lowering prices of gasoline at the pump.


John McCain will roll back corn-based ethanol mandates, which are contributing to the rising cost of food.