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
Trump pushes for federal gas tax pause as Iran war shows no end in sight – CBS News Watch CBS News President Trump told CBS News exclusively on Monday that he wants to suspend the federal gas tax to give Americans some relief at the pump as the war with Iran continues. CBS News senior … 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
As national gas price averages head toward $5 per gallon, one state has already suspended its gas tax, and now President Donald Trump and his Cabinet are talking about doing the same. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. While a suspension would offer some relief, an … 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
President Donald Trump told reporters on Monday that he would support temporarily suspending the federal gas tax “until it’s appropriate.” Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. “It’s a small percentage, but it’s still money,” he said. Suspending the federal gas tax, which currently sits at about … 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
Energy Secretary Chris Wright told NBC News’ “Meet the Press” on Sunday that the Trump administration is “open to all ideas” to lower the cost of gas, including suspending the federal gas tax. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Gas prices have been soaring, hitting a … Read more