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Bydenmal suspending federal gas tax to lower prices

Washington, DC: US ​​Energy Secretary Jennifer Granholm said the Biden administration is evaluating the suspension of the federal gas tax as an option to lower the price of pumps.

Granholm said the president is currently considering temporarily suspending federal gas tax claims, and told CNN that such a move was “not off the table.”

Granholm’s comment comes from the Biden administration facing record high gasoline prices and inflation.

Granholm reiterates Biden’s position that the recession is “unavoidable,” pointing out that the labor market and consumer spending remain strong.

Bydenmal suspending federal gas tax to lower prices

Source link Bydenmal suspending federal gas tax to lower prices

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