President Trump on Monday announced plans to slash the federal gas tax. The post WATCH: President Trump Announces Plans to Slash Federal Gas Tax – Here’s How It Would Impact Gas Prices appeared first on The Gateway Pundit.
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.
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.
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…
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.
The president floats suspending the federal levy as the conflict drags on.
President Donald Trump confirmed reports he aims to pause the federal gas tax as prices remain elevated during the war with Iran.
Suspending the federal gas tax would require an act of Congress.
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.…
