Trump backs federal gas tax suspension
Summary
President Donald Trump announced his support for temporarily stopping the federal gas tax to help lower gasoline prices. This is a change from the White House’s earlier position, and Congress must approve the tax suspension.Key Facts
- President Trump said the government will stop the 18.4 cents per gallon federal gas tax for a while and bring it back when prices drop.
- The White House previously said suspending the gas tax was not being considered.
- Senator Josh Hawley (R-Mo.) plans to introduce a bill to suspend the gas tax.
- Suspending the gas tax requires approval from Congress.
- Gasoline prices have risen sharply due to conflict involving Iran, with prices now averaging $4.52 per gallon in the U.S.
- Some Democrats, including Senator Mark Kelly and Representative Chris Pappas, have also proposed bills to suspend the tax temporarily.
- Congress has not yet taken action on suspending the gas tax.
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