Where things stand in the Middle East after Iran and Israel suspend first attacks since ceasefire – CBS News Watch CBS News Iran and Israel said Monday that they had halted military operations after exchanging their first attacks since a ceasefire between the U.S. and Iran came into effect in early April. CBS News’ Charlie … Read more
Illinois Gov. JB Pritzker on Friday plans to temporarily halt offering tax breaks to data centers that apply to build in the state and intends to call on lawmakers and other groups to hash out a framework in the fall veto session for how the centers should be developed. Subscribe to read this story ad-free … Read more
Trump pushes to suspend federal gas tax as prices soar – CBS News Watch CBS News President Trump told CBS News’ Nancy Cordes that he intends to suspend the federal gas tax amid higher prices. Source link
WASHINGTON — President Donald Trump said Monday he will move to suspend the federal tax on gasoline to help Americans shoulder surging fuel prices caused by the Iran war. The president cannot suspend the federal tax on his own. Congress would have to approve the move. Lawmakers from both parties have pushed for a gas-tax … Read more
IE 11 is not supported. For an optimal experience visit our site on another browser. Inside American passengers’ journey home from hantavirus-hit cruise ship 02:18 Wildfire burn thousands of acres 01:21 Louvre terror threat reportedly thwarted 00:51 Now Playing President Trump looks to suspend the federal gas tax 01:40 UP NEXT Suspect opens fire at … Read more
President Trump told CBS News’ Nancy Cordes that he wants to temporarily lift the federal gas tax as prices continue to rise amid the ongoing war with Iran. Mr. Trump also said the latest response from Iran to end the war was “a bad proposal … done by people that have no clue as to … Read more
A move by the Trump administration to suspend the federal gasoline tax would offer only modest relief to U.S. drivers socked by soaring fuel costs, according to tax and energy experts. Americans face the highest prices at the pump since 2022, with a gallon of gas surging roughly $1.54 since the U.S. and Israel attacked Iran in … Read more
Washington — President Trump told CBS News on Monday that he intends to suspend the federal gas tax ‘for a period of time” and phase it back in “when gas goes down.” The president made the comments in a phone interview with CBS News chief White House correspondent Nancy Cordes. Suspending the excise taxes — … Read more
IE 11 is not supported. For an optimal experience visit our site on another browser. Cory Booker calls Supreme Court ‘profoundly hypocritical’ after voting rights ruling: Full interview 11:30 Now Playing Energy Sec. Wright says ‘we’re open to all ideas’ amid calls to suspend gas tax: Full interview 11:35 UP NEXT Govs. Wes Moore, Sarah … Read more
Washington — As fallout from the war with Iran keeps fuel prices high, few states are making moves to suspend their gas and diesel taxes. Tax policy experts say suspending the state and federal motor fuel taxes wouldn’t be as effective in lowering prices at the pump as one might think, and could come at … Read more