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Showing Original Post only (View all)Biden calls for three-month federal gas tax "holiday" [View all]
Source: Associated Press, via CBS
POLITICS
Biden calls for three-month federal gas tax "holiday"
UPDATED ON: JUNE 22, 2022 / 11:09 AM / CBS/AP
Washington President Joe Biden called on Congress Wednesday to suspend federal gasoline and diesel taxes for three months an idea that's intended to ease financial pressures at the pump, but that also reveals the political toxicity of high gas prices in an election year.
He is also urging states to suspend their own gas taxes or provide similar relief, the White House said.
The White House said in a release, "The price of gas is up dramatically around the world, and by almost $2 per gallon in America, since (Russian President Vladimir) Putin began amassing troops on the border of Ukraine."
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Read more: https://www.cbsnews.com/news/gax-tax-holiday-biden-three-months-congress/