Transportation lobbyists and others say the gas tax summer holiday proposed by presidential hopefuls Sens. John McCain and Hillary Clinton would eliminate $9 billion that could be used for highway projects, wipe out about 310,000 jobs, and ultimately only save motorists about $30 during the three-month break from the tax.

McCain and Clinton have proposed halting the federal 18.4-cent gas tax beginning with the Memorial Day holiday later this month and ending after the Labor Day holiday in September. McCain said he would fill the transportation funding gap with general funds and Clinton has said she would impose taxes on oil companies to make up for lost revenues.

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