The tax is a little over 18 cents a gallon for gasoline. With the average national price above $4.50, the measure will provide little relief.
National average for gas prices has risen by well over a dollar per gallon since late FebruarySign up for the Breaking News US newsletter emailDonald Trump pledged to suspend the US federal gas tax in a bid to reduce pressure on Americans after the US-Israel war on Iran sparked a sharp rise in fuel prices.The US president told reporters on Monday that his…
"All measures that can be taken to lower the price at the pump and lower the prices for Americans, this administration is in support of," Wright said.
President Donald Trump confirmed reports he aims to pause the federal gas tax as prices remain elevated during the war with Iran.
President Donald Trump said he intends to suspend the federal gas tax as part of a move to curb high prices at the pump. “Yeah, I’m going to reduce,” Trump said Monday in the Oval Office in response to a question about suspending the tax. He said he would suspend the tax “until it’s appropriate.…
President Trump on Monday announced plans to slash the federal gas tax.
President Trump endorsed suspension of the federal gasoline tax in an interview with CBS News Monday.Why it matters: It marks a reversal for the White House as Republicans face political blowback over high gasoline prices.Last week the White House told Axios that a suspension was not "currently under consideration."Driving the news: "[W]e're going to take…
President Donald Trump told reporters on Monday that he would support temporarily suspending the federal gas tax “until it’s appropriate.”Suspending the federal gas tax, which currently sits at about 18 cents per gallon, would require congressional approval
Suspending the federal gas tax would require an act of Congress.
