Republicans in the Senate and Assembly called for cutting the local, state and federal taxes on gasoline Wednesday, saying such a move could save $10 a fill-up. The lawmakers want to suspended the taxes from Memorial Day to Labor Day.
However, the proposed suspension could create a $500 million hole in state finances, already shaken by a likely recession, and would face opposition in the Democrat-controlled Assembly.
The state's gasoline tax is 32.4 cents a gallon.
The Assembly's Democratic majority noted that suppliers could simply raise prices, negating the savings.
Dan Weiller, spokesman for Assembly Speaker Sheldon Silver, says record-high gas prices are the fault of the Republican Bush administration and a federal remedy is needed.
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