Biden Calls For Three-Month Pause To Federal Gas Tax
Economy And Jobs,Joe Biden,Gas Prices,Inflation,Taxes,US Congress,State Governments
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President Joe Biden called for a three-month pause to the federal gas tax on Wednesday to contend with “Putin’s Price Hike.”
The federal government imposes a gas tax of $0.184 per gallon of gasoline and $0.244 per gallon of diesel, according to the U.S. Energy Information Administration. President Biden is asking for a suspension of the tax through September without interruptions to the $10 billion required to bankroll the Highway Trust Fund.
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