Trump says he aims to suspend gas tax “for a period of time”

Source: CBS News

“President Trump said in a phone interview with CBS News Monday morning that he aims to suspend the federal gas tax ‘for a period of time.’ … Gas prices have soared over 50% since the start of the Iran war on Feb. 28, hitting a high of over $4.52 on Sunday, according to AAA. … suspending the excise taxes — 18.4 cents per gallon on gas and 24.4 cents a gallon on diesel — requires an act of Congress, and pausing it would cost [sic] the federal government about a half billion dollars a week. Following the president’s comments, Reublican Sen. Josh Hawley said Monday that he would introduce legislation to suspend the federal gas tax. And GOP Rep. Anna Paulina Luna of Florida also said she plans to introduce a bill in the House …” [editor’s note: Not stealing that money doesn’t “cost” the goverment anything, any more than not mugging someone “costs” the mugger the contents of the prospective victim’s wallet – TLK] (05/11/26)

https://www.cbsnews.com/news/trump-interview-suspending-gas-tax-iran-war/