Fmr. Obama Treasury Counselor Rattner: Biden's Gas Tax Holiday, Criticism of Refiners, and Floating DPA Are Off-Base

Fmr. Obama Treasury Counselor Rattner: Biden's Gas Tax Holiday, Criticism of Refiners, and Floating DPA Are Off-Base


On Thursday’s broadcast of MSNBC’s “Morning Joe,” Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, said that if you gave people at the White House truth serum, “I’m not sure how excited they would be” about a three-month gas tax holiday and that President Joe Biden’s criticism of refiners and suggesting invoking the Defense Production Act are off-base because current oil refineries “are running at full capacity.”

Rattner stated, “I’m having a hard time finding anybody who’s excited — as excited as the White House is about this gas tax holiday.” And “Deep down, if you gave them truth serum, I’m not sure how excited they would be.”

He added, “The average adult American will save $23.85

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