An incredibly stupid comment to make and position to assume - given the present situation, regardless of its veracity.
The fact is, the less government taxes the better, and perhaps $.18 per gallon means little to Mr. Cheney, but it may mean quite a lot realistically to individual Americans in need and quite a bit more to those of who don’t like taxes anyway.
The less Bush and Cheney say and do in the next few months, unless carefully crafted to help defeat Obama, the better. They have done adequate damage to America and the Republican Party as it is.
Once upon a time I really liked Cheney but he and his boss have become as wearisome as the idiot Democrats in Congress.
The trouble is that consumers would get very little of that $.18 per gallon temporary tax holiday. Most would end up in the pockets of refiners, as anyone with even the most basic grasp of economics would understand.
I wouldn't mind it going to the refiners if it would somehow given them an incentive to invest in more refining capacity. But the temporary nature of the cut would ensure that that doesn't happen.
It's a stupid idea all around, and the faster McCain abandons it, the better.