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Richard Neal: “The price of a tank of gasoline in many places has gone up…”

Featuring: Richard Neal, Democratic | U.S. House Massachusetts, 1st Congressional District

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"Failure Upon Failure" — Rep. Neal Blasts Trump Economy, Challenges Bessent Over Rising Costs | AC1N

Published | Video Starts at 02:47

Appreciated the chairman's position on pointing out that there has been a routine of 3% increases. But when you're paying more for everything else, that quickly goes away. The price of a tank of gasoline in many places has gone up by almost 50%. That's a staggering amount. And despite the bullish assessment in January that economic growth would hit 5.4% in the fourth quarter. That growth came in at approximately 1/2 a percent, not even a full percentage point. (02:47–02:52)

CLAIM

Asserts that gasoline prices have increased by nearly 50% in many areas.

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