You Searched For "gas tax" and got 20 results
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3 mins read
Some Democrats are pushing to cut gas taxes through 2022, but Obama torched the idea years ago
Obama called a three-month gas tax suspension a "gimmick" in 2008. Now Sens. Mark Kelly and Maggie …
Brent D. Griffiths,Joseph Zeb…
3 mins read
Biden wants a 3-month gas tax holiday. Obama once called it a "gimmick."
Obama called a three-month gas tax suspension a "gimmick" in 2008. Now Sens. Mark Kelly and Maggie …
Brent D. Griffiths,Joseph Zeb…
1 min read
Biden says he's considering a federal gas-tax holiday and sending Americans gas-rebate cards to alleviate pain at the pump
Biden is weighing a pause on the federal gas tax of 18.4 cents a gallon as Americans feel the pinch…
Sarah Jackson
2 mins read
Democratic Rep. calls on Biden to oppose suspension of the federal gas tax
"There is no guarantee a gas tax suspension would reduce prices ... or stem the broader inflation a…
John L. Dorman
1 min read
Top progressives come out swinging against possible gas tax in bipartisan infrastructure plan since it would hurt lower-income Americans
Sen. Ron Wyden said indexing the gas tax to inflation could increase gas prices for average America…
Joseph Zeballos-Roig
2 mins read
Biden's call for Congress to suspend federal gas taxes is landing with a thud with everyone ranging from McConnell to Pelosi
Many Democrats are bolting from Biden. Obama's former top economist said it was a "worse idea" now …
Joseph Zeballos-Roig
2 mins read
Treasury Secretary Janet Yellen says a federal gas tax holiday is 'certainly worth considering'
"President Biden wants to do anything he possibly can to help consumers," she said on ABC's "This W…
John L. Dorman
2 mins read
The White House rejects increasing the gas tax to fund infrastructure, arguing it puts a bigger burden on average Americans
"We're not going to accept it," Psaki said on Monday. The GOP favored indexing the gas tax to infla…
Joseph Zeballos-Roig
2 mins read
Psaki says stepping up IRS enforcement would 'raise a great deal more' to pay for infrastructure than a gas tax increase
The White House also ripped into GOP Rep. Jim Jordan for blaming Biden for the rise in gas prices s…
Joseph Zeballos-Roig
2 mins read
Democrats weigh suspending federal gas tax to cut prices at the pump while Biden's economic agenda is on ice
Sen. Joe Manchin threw cold water on shelving the gas tax through 2022 to combat inflation. Some Re…
Joseph Zeballos-Roig
2 mins read
Oil prices fall 7% as recession fears mount and Biden calls for a 3-month gas tax holiday
A federal gas tax holiday is "only going to fuel the demand... It's doing nothing to increase suppl…
Matthew Fox
2 mins read
Maryland, Georgia temporarily suspend state gas tax to alleviate surging prices as US ban against Russian oil causes pain at the pump
While Capitol Hill struggles to pass a federal gas tax holiday, states are beginning to approve leg…
Hannah Towey
2 mins read
Texas has one of the cheapest gas taxes in the US— and now some of the highest fees for electric cars
States say they're losing money from fewer drivers paying gas taxes as more go electric. That's whe…
Alexa St. John
3 mins read
Ron DeSantis signs $1.2 billion in tax breaks for Floridians to fight 'Bidenflation headwinds,' though Biden's stimulus will help pay for it
Florida is using $200 million in funding from the American Rescue Plan to fund its 25-cent, monthlo…
Kimberly Leonard
3 mins read
Infrastructure talks enter last-ditch stage as both Republicans and Democrats eye gas-tax increase
Republican Sen. Mitt Romney told Insider a bipartisan group was weighing indexing the gas tax to in…
Joseph Zeballos-Roig
3 mins read
Gas prices are at an all-time high. Here are 3 reasons why Democrats' gas tax cut proposal won't do much to curb rising prices or cool inflation
Gas prices may still rise due to mismatches between supply and demand, and some of the benefits may…
Ben Winck,Joseph Zeballos-Roig
2 mins read
A pair of Senate Democrats want to suspend the federal gas tax through the end of 2022
Sens. Maggie Hassan and Mark Kelly face tough re-election bids this fall. They're calling to cut co…
Joseph Zeballos-Roig
1 min read
Russia's oil and gas revenue plunged in May as sanctions and dwindling exports weigh on Moscow's energy trade
Proceeds from oil and gas taxes sank 36% in May from a year ago to 570.7 billion rubles, or about $…
Filip De Mott
2 mins read
Trump is reportedly open to hiking the gas tax to pay for his giant infrastructure plan
"As Sec. Chao mentioned yesterday, the President is focused on his 4 priorities: spurring $1.5 tril…
Bob Bryan
1 min read
The American Consumer Is Benefiting From 2 Big Tailwinds Right Now
...Gasoline prices have continued to decline and refunds have continued to show catch-up after this…