GOP Warms to Idea of Gas Tax Freeze as Prices Soar: BGOV Tax

Gas Tax Freeze Gets Renewed GOP Backing

Republican leaders—including Sen. John Cornyn (Texas), House Speaker Mike Johnson (La.), and Senate Majority Leader John Thune (S.D.)—now say they are open to considering a temporary federal gas tax holiday to bring down gas prices after President Donald Trump earlier this week said he wanted to suspend the levy, Macon Atkinson and Caitlin Reilly report.

Cornyn had previously been skeptical of the idea, but it’s gaining new steam as US gas prices have surged to $4.50 a gallon this week, amid the US-Israel conflict with Iran and midterm elections rapidly approaching.

Cornyn, who ...