Here's how President Biden's proposed gas tax holiday would work

Explained: Joe Biden proposes gas tax holiday for three months. How would it work?

Although it’s unclear exactly how much money drivers would save as a result of a gas tax holiday, the Biden administration says that a three- month suspension of taxes would cost about $10 million

NEWS18 EXPLAINS: How US President Joe Biden's Proposed Gas Tax Holiday Would Work

US President urged Congress to suspend federal gasoline and diesel taxes for three months

How Joe Biden's proposed gas tax holiday would work

Joe Biden's past efforts to cut gas prices including the release of oil from the U.S. strategic reserve and greater ethanol blending this summer have done little to produce savings at the pump. Biden says the gas tax holiday can provide some direct relief to consumers, and he is calling on states to follow suit by suspending their own gas taxes or helping consumers in other ways.

Here's how President Biden's proposed gas tax holiday would work

How much would a gas tax holiday cost? Here's what to know.

Here's how President Biden's proposed gas tax holiday would work

How much would a gas tax holiday cost? Here's what to know.

Here's how President Biden's proposed gas tax holiday would work

How much would a gas tax holiday cost? Here's what to know.