Trump Says His Administration Is Thinking About Suspending Federal Gas Tax
Trump said the move would require congressional approval as fuel prices stay elevated and Republicans hold only a narrow majority.
- On Tuesday, President Donald Trump said he is considering suspending the 18.4-cent federal gas tax, though he provided no specific details on the proposal.
- Fuel prices have surged due to the US-Israeli war on Iran and the Russian invasion of Ukraine, with conflicts affecting refineries in the Middle East and Russia.
- Trump's approval rating sits at a record low 32%, and high costs pose a risk to the Republican Party in midterm elections where control of Congress is at stake.
- Following a rally in Nebraska, Trump signed an executive order to expand access to tax-exempt diesel, aiming to address fuel costs for voters.
- Waiving the federal gas tax requires legislation from Congress, an option Trump has previously expressed support for in recent months despite offering few details on implementation.
15 Articles
15 Articles
Trump says he is thinking about suspending federal gas tax - Regional Media News
By Nandita Bose and Kanishka Singh WASHINGTON, Oct 6 (Reuters) - President Donald Trump said on Tuesday he was thinking about suspending the federal gas tax as high gas and diesel prices pose a risk to his Republican Party heading into the November midterm US [...]
"Well, we're considering that," Trump said.
Bizpac Review
thedailybs.comTrump says he’s ‘thinking about’ suspending the gas tax weeks after his own party blocked a vote on it
President Donald Trump said Tuesday he is weighing a gas tax suspension — three weeks after House Republican leaders shelved a bill to do it. “We’re thinking […]
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Trump Considers Suspending Federal Gas Tax as Fuel Costs Pressure Consumers
President Donald Trump said his administration is considering temporarily suspending the federal gasoline tax as elevated fuel prices squeeze consumers, following his decision to broaden ... The post Trump Considers Suspending Federal Gas Tax as Fuel Costs Pressure Consumers first appeared on [your]NEWS.
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