JUST IN: President Biden will call on Congress to suspend the federal gas tax for three months and ask states to suspend their own gas taxes or provide commensurate relief to consumers.
WASHINGTON -- President Biden will on Wednesday call on Congress to suspend the federal gas tax for three months and ask states to suspend their own gas taxes or provide commensurate relief to consumers, according to the White House.
Asked if Biden believes Congress can somehow mandate that oil companies pass on those savings, in full, to consumers, a senior administration official did not directly say, but noted there is"some evidence that state tax suspensions, in particular, do get passed through to consumers." The administration is also putting public pressure on oil companies to help Americans at a time of financial need.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Biden to ask Congress to suspend gas tax for three monthsPresident Biden will ask Congress to suspend the federal gas tax through September, a move that could shave off 18 cents per gallon to help consumers battling record prices at the pump, officials said.
Weiterlesen »
Biden calls on Congress to suspend federal gas taxNEW: President Biden today will call on Congress to suspend the federal gas tax for three months, ask states to do the same and demand that oil and gas companies boost production.
Weiterlesen »
Biden will call on Congress to pause gas tax for 3 monthsPresident Joe Biden will call on Congress Wednesday to pause the federal gas tax for three month as Americans across the country deal with record-high gas prices.
Weiterlesen »
Decision on U.S. gas tax holiday may come this week, President Biden saysBiden said members of his team were to meet this week with CEOs of the major oil companies to discuss rising oil prices.
Weiterlesen »
President Biden considers gas tax holidayWhile AAA reported that gas prices dropped below $5 per gallon on Saturday, the current rate of $4.98 a gallon remains $1.91 more than a year ago.
Weiterlesen »
Texas GOP Goes All-In on Trump’s Big Lie, Says Biden Is ‘Acting President’The Republican Party of Texas now officially, in writing, opposes “all efforts to validate transgender identity” and does not support the use of taxpayer funds for any “medical gender dysphoria treatments or sex change operations.”
Weiterlesen »