U.S. President Joe Biden on Wednesday will call on Congress to pass a three-month suspension of the federal gasoline tax to help combat record pump prices, according to a senior administration official.
The president will also call on states to temporarily suspend state fuel taxes, which are often higher than federal rates, the official said, and he will challenge major oil companies to come to a meeting with his energy secretary later this week with ideas on how to bring back idled refining capacity.
Lawmakers of both parties have expressed resistance to suspending the tax, with some Democrats, including House of Representatives Speaker Nancy Pelosi, worried that the move would have limited effect on prices and oil companies and retailers would pocket much of the savings. Biden will ask Congress to suspend the fuel tax through September, a move that will cost the Highway Trust Fund roughly $10 billion in forgone revenue, the official said. The White House believes it can make up the lost revenue from other areas of a budget that is seeing revenue grow and deficits shrink as the United States emerges from the COVID-19 pandemic.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
President Joe Biden floats lifting federal gas tax, but how much will it help in SoCal?As the national average for a gallon of gas hovers around $5, President Biden is considering a federal holiday on the gas tax that goes towards repairing roads and transportation grants.
続きを読む »
Biden will call on Congress to pause gas tax for 3 monthsPresident Joe Biden will call on Congress Wednesday to pause the federal gas tax for three month as Americans across the country deal with record-high gas prices.
続きを読む »
Biden to ask Congress to suspend gas tax for three monthsPresident Biden will ask Congress to suspend the federal gas tax through September, a move that could shave off 18 cents per gallon to help consumers battling record prices at the pump, officials said.
続きを読む »
Biden calls on Congress to suspend federal gas taxNEW: President Biden today will call on Congress to suspend the federal gas tax for three months, ask states to do the same and demand that oil and gas companies boost production.
続きを読む »
Decision on U.S. gas tax holiday may come this week, President Biden saysBiden said members of his team were to meet this week with CEOs of the major oil companies to discuss rising oil prices.
続きを読む »
President Biden considers gas tax holidayWhile AAA reported that gas prices dropped below $5 per gallon on Saturday, the current rate of $4.98 a gallon remains $1.91 more than a year ago.
続きを読む »