President Donald Trump is moving to suspend the federal tax on gasoline to help Americans shoulder surging fuel prices caused by the Iran war.
President Trump made the comments in a phone interview with CBS News chief White House correspondent Nancy Cordes.
Trump would need Congress to approve the plan, but lawmakers have introduced bills to suspend the tax amid soaring gas prices.
President Donald Trump once said he would push for suspending the gas tax. But at the May 27 Cabinet meeting, it seemed to be ...
With average nationwide gasoline prices above $4.50 a gallon, politicians are revisiting a perennial idea to ease high pump prices: suspending the federal gasoline tax. President Donald Trump said he ...
Sen. Josh Hawley, R-Mo., is introducing a bill to temporarily pause the federal gas tax, his office told Fox News on Monday.
President Donald Trump floated a federal gas tax suspension. If enacted, here's how that could impact consumers.
A proposed suspension of a federal gas tax might help Americans save money at the pump, but it's not a sure thing and gas prices might still continue to climb.
Citing support from President Trump, Sen. Josh Hawley (R-Mo.) says he will introduce legislation to suspend the federal gas tax, which would save drivers 18.4 cents per gallon. Suspending the gas ...
Gas prices have surged as a result of the war in Iran, putting pressure on consumers.
Suspending the federal gas tax would have a modest impact on fuel prices, while also requiring congressional approval.
Currently, the average gas price in the U.S. is $4.50 a gallon, while diesel averages $5.64. That's not quite as expensive as fuel got in the U.S. when Russia first invaded Ukraine back in 2022, but ...