NBC News: Trump Administration Looking at Suspending Federal Gas Tax
EXCERPT:
ALLEN: “You said the magic word, Monica. Not surprisingly, Congress. In order to suspend the federal gas tax, in order to make tax law, you have to go through Congress. That sometimes can happen very quickly. There are reasons that many members of Congress would want to ease the burden on their constituents right now. On the other hand, the United States is spending hundreds of billions of dollars potentially in Iran. And when you suspend the federal gas tax, you limit the amount of money that’s coming in to the Federal Highway Trust Fund and you limit the ability to do infrastructure projects. So there are costs to doing that, but I would not be shocked to hear Democrats say that they are willing to suspend the gas tax. Of course, the 18 cents or so per gallon that would be gained by that welcome relief for consumers, doesn’t approach the amount that gas has gone up since the start of this war.”




