Biden Pushes Congress for Three-Month Gas Tax Holiday
Economy And Jobs,Joe Biden,Gas Prices,Inflation,Taxes,US Congress,State Governments
President Biden called on Congress on Wednesday to temporarily suspend the federal gas tax, an effort to dampen the soaring fuel prices that have stoked frustration across the United States.
During a speech on Wednesday afternoon, Mr. Biden asked Congress to lift the federal taxes — about 18 cents per gallon of gasoline and 24 cents per gallon of diesel — through the end of September, just before the fall midterm elections. The president also asked states to suspend their own gas taxes, hoping to alleviate the economic pain that has contributed to his diminishing popularity.
“I fully understand that the gas tax holiday alone is not going to fix the problem,” Mr. Biden said. “But it will provide families some immediate relief. Just a little bit of breathing room as we continue working to bring down prices for the long haul.”
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