Federal Gas Tax Suspension Debate Amid Rising Fuel Prices

Lawmakers push to suspend federal gas tax due to Iran war driving prices near $4/gallon.
Current federal gas tax is 18.4 cents per gallon and 24.4 cents per gallon on diesel.
Suspension requires Congressional approval, controlled by Republicans.
Bill unlikely to pass without President Trump's support.
Georgia Gov Brian Kemp suspended tax for 60 days.
Florida Gov Ron DeSantis is skeptical, claiming prices rise without consumer impact.
Retailers rarely pass tax savings to consumers.
Highway Trust Fund, providing $23B annually, could be jeopardized.

Politics | Energy | Economy

United States

Donald Trump | Ron DeSantis | Brian Kemp

3 weeks ago