David Wright. John McCain

'World News' Gives One-Sided Anti-Gas Tax Holiday Report

By Jeff Poor | May 1, 2008 - 16:38 ET

It might not the best solution in the world, but any tax break is certainly worthy of consideration - just not according to ABC's April 30 "World News with Charles Gibson."

"The idea is to cut taxes and gas prices during in the summer vacation months, when demand is highest," ABC News correspondent David Wright said. "Great politics, but apparently terrible economics."

ABC opposed the proposal, supported by both presidential contenders Sens. John McCain (R-Ariz.) and Hillary Clinton (D-N.Y.) on the grounds it would increase demand and cause harm to the environment.

Topics: