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