JUST IN: President Biden will call on Congress to suspend the federal gas tax for three months and ask states to suspend their own gas taxes or provide commensurate relief to consumers.
WASHINGTON -- President Biden will on Wednesday call on Congress to suspend the federal gas tax for three months and ask states to suspend their own gas taxes or provide commensurate relief to consumers, according to the White House.
Asked if Biden believes Congress can somehow mandate that oil companies pass on those savings, in full, to consumers, a senior administration official did not directly say, but noted there is"some evidence that state tax suspensions, in particular, do get passed through to consumers." The administration is also putting public pressure on oil companies to help Americans at a time of financial need.
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