The U.S. federal government currently taxes fuel at 18 cents per gallon for gasoline and 24 cents per gallon for diesel and President Biden’s proposal to Congress would give drivers temporary price relief through September.
One of the considerations taken by the White House, according to the New York Times, is this November’s midterm elections. President Biden won’t be on the ballot, but plenty of Democrats face tough challenges. The U.S. economy is faring pretty well by just about every traditional measure, with low unemployment, rising wages, and
, but inflation and soaring fuel costs are taking a huge bite out of the wallets of everyday Americans.Biden will also encourage states to suspend their own gas taxes, which can vary widely across the country. Pennsylvania has the highest gas tax in the state, at $0.57 per gallon, while states like Florida tax gasoline at just $0.19 per gallon.
The U.S. isn’t the only country that’s tried a temporary gas tax holiday in recent months. Australia cut its federal gas tax in half from 44 cents to 22 cents per liter, which expires in
About time.. 22 bucks in relief over the summer. There's something we can all get behind. Thanks President Biden!
This guy in office is lost in his own mind. It’s hard to imagine he can get lost in such a small place.
Crumbs
Sorry, he’s still going to be voted off the island!
And it's still cheaper than canada...
And it'll still be more expensive than a year ago
Biden won't raise taxes on super profitable oil companies, Republicans won't either.
Couldn’t this have the potential to increase inflation even more Money to fund road repairs has to come from somewhere.
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President Biden calls for 3-month federal gas tax holidayJUST 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. That trick won’t work. He a great con artist though. Then in 3months gas is forsure going to be over $10
Source: ABC7 - 🏆 67. / 68 Read more »
Biden administration to propose rule to limit nicotine levels in cigarettesThe rule is expected in May 2023 and would be crafted with the goal of making it easier for tobacco users to quit and help prevent youth from becoming regular smokers. What... problem are they trying to solve here? They're trying to irritate smokers to quit instead of banning smoking? What if the whole plan backfires and they smoke twice as much because NICOTINE IS ADDICTIVE? Just switch to vapes like normal people. Oh how the Nanny State loves their sin tax, and doesn't really care about health.
Source: NBCNewsHealth - 🏆 707. / 51 Read more »
Biden to call for 3-month suspension of gas and diesel taxesPresident Joe Biden is preparing to call on Congress to suspend the federal gasoline and diesel taxes for three months. That's a short term solution the problem is in the WHITE HOUSE.
Source: ksatnews - 🏆 442. / 53 Read more »
Biden to call for 3-month suspension of gas and diesel taxesPresident Biden will call on Congress to suspend federal gasoline and diesel taxes for 3 months — a move meant to ease financial pressures at the pump. Actually it’s a political move during the midterm to prevent angry Democrats from sitting the elections out.
Source: TucsonStar - 🏆 339. / 59 Read more »
Biden to call for 3-month suspension of gas and diesel taxesPresident Biden will call on Congress to suspend federal gasoline and diesel taxes for 3 months — a move meant to ease financial pressures at the pump.
Source: dothaneagle - 🏆 337. / 59 Read more »
Biden to call for 3-month suspension of gas and diesel taxesPresident Joe Biden is preparing to call on Congress to suspend the federal gasoline and diesel taxes for three months. Gimmick, gimmick, gimmick. 18 cents will not make a difference. 3 years would be a little better.
Source: FOX10News - 🏆 581. / 51 Read more »