Gas tax holiday ‘worth considering,’ Yellen says
Treasury Secretary Janet Yellen said in an interview on ABC’s “This Week” Sunday that a federal gas tax holiday is “worth considering” as the national average for a regular gallon of gas surpassed $5 earlier this month.
While gas experts expect the national gas average to drop in the coming months, the national average continues to hover at around $5. AAA reported Sunday that the national average for a gallon of regular gas sat at $4.98.
A federal gas tax holiday would provide some relief at the pump for drivers by temporarily suspending the tax, which sits at...