federal-gas-tax
4 stories related to this topic, newest first.
marketwatch.comCongress Considers Suspending Federal Gas Tax as Prices Rise
President Trump said on Monday he supports suspending the 18.4-cent-per-gallon federal gas tax amid rising prices linked to the closure of the Strait of Hormuz. Senators from both parties have introduced bills to pause the tax for periods ranging from 90 days to October 1. The pr…
nbcnews.comTrump Endorses Suspension of 18-Cent Federal Gas Tax
President Donald Trump said on May 11, 2026, that he intends to suspend the federal gas tax, which stands at 18 cents per gallon. The move would require congressional approval. Energy Secretary Chris Wright voiced administration support for measures to lower pump prices amid pric…
channel4.comTrump Proposes Suspending Federal Gas Tax
President Trump proposed suspending the federal gas tax until prices fall further. The move would require congressional approval and would not offset the sharp rise in fuel costs since the war in Ukraine began. The proposal was included in a broader discussion of domestic policy…
citizen.co.za**Trump Supports GOP Push to Suspend Federal Gas Tax**
President Trump told CBS News on Monday he supports temporarily suspending the federal gasoline tax, which stands at 18.4 cents per gallon. Republicans in Congress plan to introduce legislation for the suspension while a bipartisan meeting on crypto tax legislation is also schedu…