"Biden Gas Tax Call Lands With A Thud"

"President Biden made his latest push to ease prices for Americans on Wednesday by calling for a gasoline tax holiday. But he faces an uphill climb on Capitol Hill to enact it as Democratic leaders gave the proposal a lukewarm reception.

After weeks of deliberations, Biden made his call for a three-month holiday of the federal gas tax through the summer travel season, which has driven already-high prices even higher. The president also made a separate appeal to states to provide similar relief to consumers by suspending their own gas taxes.

“It doesn’t reduce all the pain, but it will be a big help,” Biden said. “I’m doing my part. I want Congress, states and industry to do their part as well.”

The federal gas tax is 18 cents per gallon, while state gas taxes average about 26 cents per gallon, according to the American Petroleum Institute. Biden also referred to cuts to the 24 cent federal tax on diesel."

Al Weaver reports for The Hill June 23, 2022.

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"Biden Pushes For ‘Immediate Relief’ With Gas Tax Holiday" (E&E News)

 

Source: The Hill, 06/23/2022