President Trump's endorsement of suspending federal gas taxes pushes the idea higher on the political radar, but it still faces long odds.Why it matters: Some Republicans rushed to introduce bills, and a few Democrats have already endorsed the idea — but there are still serious obstacles that could keep Trump's comments from becoming reality.The federal…
Gavin Newsom was defiant about California's costly fuel policies as President Donald Trump called a gas tax suspension a "great idea."
Amid a global energy crisis, President Trump says he will suspend the federal gas tax, a move that would require an act of Congress, as more Americans are feeling the pain at the pump. NBC News’ Ryan Nobles reports.
Congress would have to agree to any suspension, and dropping federal taxes would not make up for the steep increase in prices since the war began.
President Trump wants to suspend the federal gas tax, telling CBS News Monday that he thinks “it’s a great idea.”“We’re going to take off the gas tax for a period of time, and when gas goes down, we’ll let it phase back in,” Trump said in a phone interview. It’s a tacit admission that the effects of the Iran war aren’t going away anytime soon.Gas prices…
President Trump told CBS News' Nancy Cordes that he wants to temporarily lift the federal gas tax as prices continue to rise amid the ongoing war with Iran. Mr. Trump also said the latest response from Iran to end the war was "a bad proposal ... done by people that have no clue as to the danger they're in."
Suspending the federal gas tax would require an act of Congress.
Donald Trump is planning to suspend the federal gas tax 'for a period of time' as the Iran war sends prices skyrocketing ahead of the midterm elections.
Citing support from President Trump, Sen. Josh Hawley (R-Mo.) says he will introduce legislation to suspend the federal gas tax, which would save drivers 18.4 cents per gallon. Suspending the gas tax is quickly picking up more support among Republicans on Capitol Hill who are worried about a voter backlash over the rise in oil…
