politics
Trump Administration Works With Congress on Federal Fuel Tax Suspension
The Trump administration is working with Congress to suspend federal excise taxes on gasoline and diesel. The move comes as the war in Iran drives up oil and fuel costs.
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The Trump administration is working with Congress to suspend federal excise taxes on gasoline and diesel. The action follows rising oil and fuel costs linked to the war in Iran.
Excise taxes currently apply to both gasoline and diesel sales across the United States. The administration has not released details on the length of any proposed suspension or the specific tax rates involved.
Congressional leaders have not yet announced a timeline for considering the proposal. No vote schedule or committee assignments have been made public.
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