Dem Solutions to High Gas Prices: Spend, Tax and Legislate

April 5, 2012 - 5:10 PM
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The Democratic Steering and Policy Committee gathered Wednesday to hear testimony on possible ways to bring down gas prices and squarely placed the blame on Wall Street commodity traders for “excessive speculation.” Among the methods to deter excessive speculation discussed by the committee include more government spending, raising taxes and legislative action limiting speculators in the market.