Topic
federal-gas-tax
5 stories related to this topic, newest first.
marketwatch.compolitics62 days ago
Congress 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.compolitics62 days ago
Trump 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.compolitics62 days ago
Trump 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.zapolitics63 days ago
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…
WA
Nbc Newsfinance63 days ago
Iranian Drone Strikes Empty UAE-Owned VLCC Supertanker Barakah Off UAE Coast
The VLCC supertanker BARAKAH, owned by Abu Dhabi National Oil Company, was hit once by Iranian drones on May 4 while heading west after a secret oil transfer. President Donald Trump said on May 11 he intends to suspend the 18-cents-per-gallon federal gas tax amid national average…
TA