Published • loading... • Updated
Trump Wants a Gasoline Tax Suspension. But It’s Never Been Done and Could Have Serious Drawbacks
Trump says he will work with Congress on a temporary gas tax holiday as lawmakers weigh relief for families and businesses.
- President Donald Trump announced Monday he intends to work with Congress to suspend the federal gas tax, currently set at 18.4 cents per gallon for gasoline and 24.4 cents per gallon for diesel fuel.
- Average national gas prices reached $4.52 per gallon as of Monday, a 50% increase since Trump began the war with Iran in February, prompting previous releases from the Strategic Petroleum Reserve.
- Congressional approval is required, as Republicans control both chambers. Sen. Richard Blumenthal of Connecticut and Rep. Anna Paulina Luna of Florida have signaled support for legislation to suspend the tax.
- Suspending the tax would deprive the Highway Trust Fund of $3.5 billion monthly in revenue. The Committee for a Responsible Federal Budget warns this could jeopardize funding for federal highway and public transit programs.
- Patrick De Haan, head of petroleum analysis for GasBuddy, estimates it would take 13 months of suspension for consumers to recoup Iran war price increases. A 10-gallon fill-up would save only $1.84.
Insights by Ground AI
26 Articles
26 Articles
NEWS HEADLINES: Trump signals intent to suspend federal gas tax – One America News Network
(Background) President Trump on April 11, 2026 in Miami, Florida. (Photo by Tasos Katopodis/Getty Images) /(R-top) Bill Bydewell prepares to pump fuel in San Francisco, California. (Photo by Justin Sullivan/Getty Images) /(R-bottom) prices for gasoline at a station on March 02, 2026. (Photo by Scott Olson/Getty Images) OAN Staff Jenna Lee and Brooke Mallory5:33 PM – Monday, May 11, 2026 In a phone interview with CBS News on Monday, President Don…
Asked by reporters in the White House about how long the tax should be suspended, Trump responded: “Until it’s appropriate.”
·Los Angeles, United States
Read Full Article
Coverage Details
Total News Sources26
Leaning Left3Leaning Right1Center19Last UpdatedBias Distribution83% Center
Bias Distribution
- 83% of the sources are Center
83% Center
13%
C 83%
Factuality
To view factuality data please Upgrade to Premium
