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Bush economist doubts gas tax cut to curb high prices
Edward Lazear, chair of the White House Council of Economic Advisers, warned that cutting the gasoline tax could boost consumption and oil use over time. He noted price relief ideas like a 60 day tax holiday or a $100 rebate face different trade offs and funding questions while highlighting the wage gap and the need to invest in education.
MENTIONED IN THIS ARTICLE
Bush
Washington
Edward Lazear
White House
Council of Economic Advisers
Lazear
Capitol Hill