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…
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’s idea to pause the federal gas tax as the Iran war drives up fuel prices faces an uphill climb in Congress. While rank-and-file GOP lawmakers are eager to get Trump’s backing on any plan to address cost-of-living concerns in a midterm election year, top Republicans are hesitant to endorse the gas tax idea.…
Suspending the federal gas tax would require an act of Congress.
Republicans are hedging on throwing support behind suspending federal gas taxes, despite President Donald Trump backing the idea. Trump said on Monday he supported suspending the tax “until it’s appropriate,” in an effort to provide voters with relief from spiking gas prices due to the closure of the Strait of Hormuz amid the Iran war.…
Gavin Newsom was defiant about California's costly fuel policies as President Donald Trump called a gas tax suspension a "great idea."
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.
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."
