Trump Says His Administration Is Thinking About Suspending Federal Gas Tax
Trump said the move would require congressional approval as fuel prices stay elevated and Republicans hold only a narrow majority.
- On Tuesday, President Donald Trump said he is considering suspending the 18.4-cent federal gas tax, though he provided no specific details on the proposal.
- Fuel prices have surged due to the US-Israeli war on Iran and the Russian invasion of Ukraine, with conflicts impacting refineries in the Middle East and Russia.
- Trump's approval rating sits at a record low 32%, and high costs pose a risk to the Republican Party in midterm elections where control of Congress is at stake.
- Trump signed an executive order to expand access to tax-exempt diesel following a rally in Nebraska, aiming to address fuel costs for voters.
- Waiving the federal gas tax requires legislation from Congress, an option Trump has previously expressed support for in recent months.
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President Trump says he is "thinking about" suspending the federal gas tax, days after waiving the ban on tax-free dyed diesel on public roads. But Congress would have to approve any pause, research suggests drivers may not see the full savings, and Democrats are widening their polling lead ahead of the midterms.
Donald Trump is considering an 18.4-cent gas tax cut, but will the savings reach your wallet?
Trump’s proposal could offer some relief as prices climb. But the savings would likely be modest. Drivers may save a few dollars each time they fill up, rather than tens of dollars.
Trump eyes federal gas tax holiday as diesel tops $6 and midterms near
Trump says his administration is considering suspending the 18.4-cent federal gas tax. Congress must approve any suspension and is not due back until after the Nov. 3 midterms. Trump signed an order letting truckers use tax-exempt red-dyed diesel through Dec. 31. Diesel averages $6.32 a gallon, and Trump's approval sits at a career-low 32%. Several states have already suspended or cut their own fuel taxes. President Donald Trump said Tuesday…
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