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Watch How Federal Gas Tax Holiday Could Work As Biden Considers Possibility News Video

Watch How Federal Gas Tax Holiday Could Work As Biden Considers Possibility News Video

“President Joe Biden called on Congress Wednesday to suspend the federal gas tax for the next three months in one of his administration’s most controversial efforts to give Americans relief as gas prices soar above $5 a gallon in many states.

“The proposal was met with widespread skepticism. House Speaker Nancy Pelosi, Senate Majority Leader Chuck Schumer and other top Democrats were noncommittal, signaling it could be doomed in Congress.

“A three-month federal gas tax holiday would suspend a tax of 18.4 cents per gallon of gas and 24.4 cents for diesel that drivers pay when they fill their tanks. The White House billed the holiday as a way to provide some “breathing room” as it works to bring costs down over the long term. The pause, which Biden envisions lasting through September, would require congressional approval.”

Read more at USA Today

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