Biden to call for 3-month gas, diesel tax holiday
The president's push faces uphill odds in Congress, which must act in order to suspend the taxes, and where many lawmakers, including some in his own party, have expressed reservations.
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The president's push faces uphill odds in Congress, which must act in order to suspend the taxes, and where many lawmakers, including some in his own party, have expressed reservations.
Biden wants to suspend the 18.4 cents-a-gallon tax on gas and 24.4 cents-a-gallon on diesel fuel, administration officials say. Prices are averaging about $5 a gallon nationwide.
The president's push faces uphill odds in Congress, which must act in order to suspend the taxes, and where many lawmakers, including some in his own party, have expressed reservations.
Washington: US President Joe Biden on Wednesday will call on Congress to suspend federal gasoline and diesel taxes for three months an election year...
President Joe Biden on Wednesday called on Congress to suspend federal gasoline and diesel taxes for three months \u2014 an election-year move meant to ease financial pressures that was greeted with doubts by many lawmakers.