Senator McCain proposed today to suspend the 18.4 cents per gallon federal excise tax on gasoline between Memorial Day and Labor Day this year. For a moment, forget about whether encouraging fossil fuel burning makes sense during a time of global warming, whether we should raid the highway trust fund when bridges are collapsing for lack of maintenance, or the disconnect between the proposal to cut gasoline taxes and the candidates’ endorsement of “cap-and-trade” limits that would raise gasoline prices.    more »