Senate Republicans have proposed a $100 rebate check to help ease some of the pain at the pump in the United States, reports the Houston Chronicle. Meanwhile, Democrats are touting their plan for a 60-day gasoline tax holiday. The centerpiece of the GOP plan calls for Uncle Sam to send a $100 check by August 30th to taxpayers who reported adjusted gross income of up to $145,950 for single filers and $218,950 for married couples on their 2005 tax forms. Back on the other side of the other side of the aisle, Republicans are suggesting a federal law that would ban price gouging, clarify the Transportation secretary’s authority to set fuel mileage standards for passenger cars, and provide incentives for construction of new oil refineries.
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