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The Independent UK

National

Via AP news wire

INSANE: Explainer how biden s proposed gas tax holiday would work | Rare Historical Photos

Joe Biden Gas Prices Mark Zandi Marc Goldwein White House

Copyright 2022 The Associated Press. All rights reserved

Facing stubbornly high gas prices that average about $5 a gallon nationwide, President Joe Biden on Wednesday urged Congress to suspend federal gasoline and diesel taxes for three months.

If savings from the 18.4 cents-a-gallon federal tax on gas are fully passed along to consumers, drivers would save about $2.76 for a 15-gallon fill-up.

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