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
WASHINGTON — As the war in Iran pushes U.S. gas prices toward $4 a gallon nationally, some lawmakers are pushing to suspend the federal gasoline tax in the latest attempt to try to control surging energy costs. Lawmakers say the action would provide much-needed relief for families and businesses that rely on their cars and … Read more