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Trump Considers Federal Gas Tax Holiday
Trump said a gas tax holiday might be discussed as lawmakers weigh legislation that would suspend the 18.4-cent federal levy.
- President Donald Trump offered a noncommittal response Wednesday regarding a potential federal gas tax holiday during a White House Cabinet meeting, saying, "We'll see what happens over the next week or two weeks."
- This tepid response marked a shift from his May 11 statement to CBS News, where Trump promised, "Yup, we're going to take off the gas tax for a period of time," later clarifying he would reduce the tax until an "appropriate" time.
- As the war in Iran disrupts supply chains, a Reuters/Ipsos poll found 63% of Americans report worsening household finances, with gas prices averaging $4.459 as of May 27, up from 55% in mid-March.
- Congressional action is required to suspend the 18.4-cent-per-gallon gasoline tax, but House Speaker Mike Johnson and Senate Majority Leader John Thune prioritize easing tensions near the Strait of Hormuz over the tax holiday.
- While lawmakers from both parties have introduced legislation, the proposal faces an uphill battle, and Patrick De Haan, head of petroleum analysis at GasBuddy, noted that a holiday would have only a small impact on prices.
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26 Articles
26 Articles
Tallahassee DemocratReposted by 
USA Today
USA Today'Gas tax holiday?' Trump backs off pledge to suspend federal gas tax
President Donald Trump once said he would push for suspending the gas tax. But at the May 27 Cabinet meeting, it seemed to be far from top of mind.
·Tallahassee, United States
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Helena Independent Record+20 Reposted by 20 other sources
Summer travelers need a break from 18.4¢ federal gas tax
I’m not a knee-jerk, anti-tax fellow. While no one enjoys paying taxes, I recognize that federal, state and local levies fund a broad range of critical needs, including schools, parks, libraries, police, public health and scientific research.
·Helena, United States
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Trump Considers Federal Gas Tax Holiday
President Donald Trump has opened discussions with Congress on a potential federal gas tax holiday. He mentioned the possibility during a White House meeting with his cabinet, indicating that developments over the next week or two will guide the decision-making process.
·India
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Total News Sources26
Leaning Left5Leaning Right1Center20Last UpdatedBias Distribution77% Center
Bias Distribution
- 77% of the sources are Center
77% Center
L 19%
C 77%
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