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Trump Proposes Suspending Federal Gas Tax

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Advertisement SKIP ADVERTISEMENT You have a preview view of this article while we are checking your access. When we have confirmed access, the full article content will load. President Trump said today that he wants to suspend the federal gasoline tax of 18 cents per gallon until prices, which have climbed roughly $1.50 since the war began, start to fall. That would require congressional approval. Trump indicated today that the conflict in the Middle East, which has fueled a rise in energy prices globally, is still far from over. He said that the cease-fire in Iran was on “life support,” and he called the latest offer from Iranian officials a “piece of garbage.” Talks between the two sides stumbled again over the weekend after Iran called for U.S. war reparations and recognition of its sovereignty over the Strait of Hormuz. Those demands would almost certainly be nonstarters for the American negotiators.…

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