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NPR: Trump Wants a Gas Tax Holiday. There’s a Much Bigger Problem Looming.
Analysts say the 18.4-cent waiver would offer only partial relief and could deepen the Highway Trust Fund deficit by $17 billion in 2026.
- President Trump has called for a temporary federal gas tax holiday to relieve pressure at the pump, though implementing the measure requires an act of Congress.
- Voters are increasingly frustrated as gasoline prices hit four-year highs, driven by oil trade disruptions from the war with Iran that have compounded inflation concerns.
- Waiving the tax would save drivers 18.4 cents per gallon, or $2.76 on a 15-gallon fill-up; the relief covers only a fraction of the $4.46 national average price.
- The Highway Trust Fund faces an estimated $17 billion shortfall for 2026, as the federal gas tax has failed to collect sufficient revenue for construction and repairs for years.
- AAA estimated that pothole damage cost drivers $26.5 billion in 2021, and with 8.9% of road miles in poor condition, waiving taxes further strains essential repair funding.
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30 Articles
30 Articles
Trump wants a gas tax holiday. There's a much bigger problem looming
Stay up to date with our Up First newsletter, sent every weekday morning.President Trump has called for a temporary waiver of the federal gas tax, which costs drivers 18.4 cents per gallon.It’s one of several attempts to relieve pain at the pump as voters grow increasingly frustrated with gasoline prices, which have hit four-year highs thanks to the oil trade disruption triggered by the war with Iran.A national gas tax holiday would require an a…
·Portland, United States
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Helena Independent Record+20 Reposted by 20 other sources
Suspending federal gas tax will only worsen transportation
·Helena, United States
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Coverage Details
Total News Sources30
Leaning Left8Leaning Right1Center19Last UpdatedBias Distribution68% Center
Bias Distribution
- 68% of the sources are Center
68% Center
L 28%
C 68%
Factuality
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