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Biden to call on Congress to suspend gas tax for three months

Summary by Ground News
Biden will call on Congress to suspend federal gasoline and diesel taxes for three months. He will also ask states to suspend their own gas taxes or provide relief to consumers. The White House says the three-month suspension will cost about $10 billion. The administration is also putting public pressure on oil companies to help Americans. If the gas savings were fully passed along to consumers, people would save roughly 3.6% at the pump. Many economists and lawmakers from both parties view the idea of a gas tax holiday with skepticism.
Biden to call on Congress to suspend gas tax for three months
10 days ago·Washington, United States

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Times of India

Joe Biden to call for 3-month suspension of gas and diesel taxes

US News: At issue is the 18.4 cents-a-gallon federal tax on gas and the 24.4 cents-a-gallon federal tax on diesel fuel. If the gas savings were fully passed al

10 days ago·Mumbai, India
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Reuters

US President Asks Congress to Suspend Federal Gasoline Tax for 3 Months Today = Senior Officials

[22nd Reuters] - US President Biden will ask Congress to suspend the federal gasoline tax for three months on the 22nd. A senior government official made it clear. We will also call on the state government to suspend the fuel tax. It will also ask major oil companies to show at a meeting with Energy Secretary Granholm this week how to put dormant refineries into operation. Another government source said, “The suspension of the federal gasoline t…

10 days ago·United Kingdom
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News18 India

Biden To Urge US Congress For 3-Month Suspension Of Federal Gas Tax As Prices Skyrocket

US President Joe Biden will ask Congress Wednesday to suspend the federal gas tax for three months as skyrocketing prices cause widespread anger among Americans just months before crucial mid-term elections.

10 days ago·India
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The Guardian

Biden to urge Congress to suspend gas tax for three months

Prices could drop by about $1 per gallon at the pumps if measures are adopted but experts question effectiveness of gas tax holidays

10 days ago·London, United Kingdom
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The Hindu

Biden to call for 3-month suspension of gas and diesel taxes

President Biden has acknowledged how gas prices have been a drain on public enthusiasm when he is trying to convince people that the U.S. can still pivot to a clean-energy future

10 days ago·India
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CBS Local

Biden Will Call For 3-Month Suspension Of Gas Tax, Though Officials Acknowledge It 'Alone Won't Fix The Problem'

(CNN) — President Joe Biden will call on Congress in a speech Wednesday to suspend federal gasoline and diesel taxes until the end of September, senior administration officials said, framing the move as necessary to provide relief to American consumers but itself not enough to resolve the problem of surging energy prices.Biden will also call on states to take steps removing their own taxes on gas and diesel. And he’ll tell oil refining companies…

10 days ago·United States
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Bias Distribution

67% of the sources are Center
HuffPost
MSNBC
The Daily Beast
Politicus USA
El Huffington Post
The Guardian
The Hindu
CBS Local
Global News
NDTV
The Independent
+30
Reuters
Associated Press News
CNBC
The Hill
KVIA
KRDO
+148
Times of India
News18 India
Washington Times
Independent.ie
New York Post
MY Northwest
+20
Washington Examiner
The Daily Wire
National Review
The Epoch Times
CNS News
The National Herald
+3
The Gateway Pundit
L 18%
C 67%
15%
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