Trump and Lawmakers Propose Federal Gas Tax Suspension Amid Rising Prices

President Donald Trump and Republican lawmakers have proposed suspending the federal gas tax to lower prices at the pump. With national average gasoline prices reaching $4.50 per gallon, a 50% increase since February 28 due to tensions with Iran, experts suggest this move may offer only modest relief while creating fiscal challenges.

By Jessica Dickler,Kate Dore, CFP®, EA · CNBC ·

Trump and Lawmakers Propose Federal Gas Tax Suspension Amid Rising Prices

Topics: federal gas tax suspension gas prices Trump administration policy

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