US & Canada Politics Business

Trump floats gas tax suspension

Trump floats gas tax suspension

In an exclusive interview, President Trump stated he would reduce the federal gasoline tax until fuel prices return to an "appropriate" level.

The move is seen as a strategic attempt to address voter anxiety over inflation and the rising cost of living ahead of the midterms.

While the proposal has received some bipartisan interest, analysts warn that a federal gas tax holiday requires congressional approval and may offer only marginal relief.

Critics also point out that the suspension could drain the Highway Trust Fund, which relies on the tax for infrastructure maintenance.

  • No articles yet.
Donald Trump
President of the United States (2017–2021; since 2025)
Iran
Country in Western Asia
United States
Country located primarily in North America
Gavin Newsom
40th governor of California since 2019