Trump and Congressional Republicans Propose Suspending Federal Gas Tax Amid Rising Prices

President Donald Trump and congressional Republicans are proposing to suspend the federal gas tax in response to rising gasoline prices driven by conflict with Iran. The current 18-cent-per-gallon tax has not changed since 1993, but its suspension would require Congressional approval as it cannot be unilaterally enacted.

By Garrett Downs · CNBC ·

Trump and Congressional Republicans Propose Suspending Federal Gas Tax Amid Rising Prices

Topics: Energy Prices Gas Tax Midterm Elections U.S.-Iran War

Read the full article at CNBC

More Politics news