Once Congress adopts a bad idea even in an initially worthy cause, it invariably spreads to become a terrible idea. That’s the case with federal “stimulus” checks, which began as Covid relief and now are being proposed to offset the rising price of gasoline.
A trio of House Democrats—Mike Thompson (Calif.), John Larson (Conn.), and Lauren Underwood (Illinois)—have introduced the Gas Rebate Act of 2022 to send Americans a $100 check in any month this year when the national average gas price exceeds $4 a gallon. Dependents will get another $100, so the family of four can fill up that SUV on Uncle Sam’s dime. The national average price has exceeded $4 in recent weeks.
The word “rebate” is a misnomer because this isn’t rebated from any payment to the federal government. It’s a government check to pay for higher gas prices caused in large part by government. Voters are blaming Democratic policies for inflation and for making it harder to produce American oil and gas. With an election coming, and their majority in peril, Democrats are resorting to what they do best: Spending more of your money.
The non-rebate rebate is even worse policy than the gas tax holiday that some states are proposing. Neither addresses the real problem, but at least the tax holiday lets people keep their own money. The rebate idea deserves to die in the crib, but the spectacle of climate-change warriors suddenly trying to subsidize fossil-fuel consumption is almost worth it.
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March 24, 2022 at 07:00AM
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And Now, Gasoline ‘Stimulus’ Checks - The Wall Street Journal
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