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Since the Iran war sent gas prices soaring, Georgia, Kentucky and Indiana have cut or suspended their gas taxes. Similar proposals are under consideration in O…
'road lobby have wanted it to be an additional revenue flow'
Reducing the fee will only have a marginal impact on prices while depriving the government of revenue to maintain roads.
President Trump said he would like to suspend the 18.4-cent-a-gallon tax, but it's a move that may save drivers only a few dollars a month.
President Donald Trump wants to suspend the federal gas tax to ease financial strain from high fuel prices during the war with Iran
Congress would have to approve the proposal, and passing the savings on to drivers, rather than oil companies, would be difficult to enforce.
Congress would have to agree to any suspension, and dropping federal taxes would not make up for the steep increase in prices since the war began.
Trump says he wants to pause the federal gas tax to lower prices at the pump
President Trump made the comments in a phone interview with CBS News chief White House correspondent Nancy Cordes.
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