Salem Radio Network News Tuesday, July 5, 2022

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Biden proposes 3-month suspension of federal gas tax

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President Biden is calling on Congress to suspend the federal gasoline and diesel taxes for three months. The president announced his latest attempt to help drivers deal with record-high gas prices. Revenue from the 18-cents a gallon federal tax on gas and 24-cents a gallon federal tax on diesel goes to the Highway Trust Fund, but the president says not to worry. Congress must approve any gas tax holiday and it’s unclear if there are enough votes to do so.

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Bob Gorrell
Mon, Jun 27, 2022

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