Biden wants a gas tax holiday. Some economists say that's a bad idea

Three months with no gas tax? Congress and states are skeptical of Biden's gas tax holiday proposal.

President Joe Biden on Wednesday called on Congress to suspend the federal gas tax. He also encouraged states to also suspend their gas tax.

Biden proposes to suspend gas tax for three months

President Joe Biden defended his strategy on record gasoline prices on Wednesday, which involves suspending a federal price tax for three months...

Biden blames Russia for prices at the pump as he asks Congress to suspend gas tax

President Biden calls on Congress to temporarily suspend the federal gas tax.

Economist says federal gas tax holiday will lead to small savings

A local economist says the president's proposed gas tax holiday would save you some money at the pump but warns that it could also lead to some other economic issues down the line.

Economist expert weighs in on Biden's gas tax holiday proposal

GAS TAX HOLIDAY? An economist expert says there is a chance we might not even see all of that 18-cent reduction.

Some economists worry 'gas tax holiday' could backfire

Right now, the high cost of gas is causing people to save, driving down demand, and ultimately creating less of a profit for oil and gas companies.