Published 2 years ago

Biden calls for 3-month suspension of gas and diesel taxes

Summary by Ground News

Biden calls on Congress to suspend federal gasoline and diesel taxes for three months. He also calls on states to suspend their own gas taxes or provide similar relief. If the gas savings were fully passed along to consumers, people would save about 3.6%. Even many economists view the idea of a gas tax holiday with skepticism.

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Times of India

Biden to call for three-month suspension of gas and diesel taxes

The Democratic president will also call on states to suspend their own gas taxes or provide similar relief, according to administration officials who previewed his proposals on the condition of anonymity because they were not authorized to speak publicly.

2 years ago·India

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CTV News

Biden calls for 3-month suspension of gas tax but faces long odds of getting Congress on board

President Joe Biden on Wednesday called on Congress to suspend federal gasoline and diesel taxes until the end of September, framing the move as necessary to provide relief to American consumers but itself not enough to resolve the problem of surging energy prices.

2 years ago·Canada

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Reuters

Biden asks Congress for gas tax holiday to lower record pump prices

U.S. President Joe Biden on Wednesday called for a three-month suspension of the federal gasoline tax to combat record prices, but opposition from lawmakers within his own party suggests the request may never be met.

2 years ago·United Kingdom

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Associated Press News

Biden calls for 3-month suspension of gas and diesel taxes

President Joe Biden on Wednesday called on Congress to suspend federal gasoline and diesel taxes for three months — an election-year move meant to ease financial pressures that was greeted with doubts by many lawmakers.

2 years ago·United States

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CNN

Biden calls for three-month suspension of federal gas tax but faces long odds of getting Congress on board

2 years ago·Atlanta, United States

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CBS Local

Biden Calls For 3-Month Suspension Of Federal Gas Tax

(CNN/CBS DETROTI) — President Joe Biden on Wednesday called on Congress to suspend federal gasoline and diesel taxes until the end of September, framing the move as necessary to provide relief to American consumers but itself not enough to resolve the problem of surging energy prices.Biden’s decision to call for a federal gas tax holiday — a move once derided as a gimmick by Barack Obama and viewed skeptically by leading economists — almost cert…

2 years ago·United States

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