PoliticsNewsAPI
Trump seeks to pause federal gas tax as prices soar amid Iran conflict - The Washington Post
Overview
President Trump has proposed a temporary pause to the federal gas tax to blunt rising pump prices tied to the Iran conflict. Analyses indicate the pause would save drivers about 18.4 cents per gallon but would drain the Highway Trust Fund that funds roadbuilding and repairs. Passing the proposal would require congressional approval, and officials warn it would be difficult to ensure any savings are passed to drivers rather than retained by oil companies. The tax pause is being discussed alongside Strategic Petroleum Reserve releases and other measures that may offer limited near-term relief.
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ORGThe Washington PostORGCongressLOCUnited States
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