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HILL TAX BRIEFING: Push for Gas Tax Pause Gets Cold Reception

June 23, 2022, 10:06 AM

President Joe Biden formally called for a three-month suspension of the federal gas and diesel taxes Wednesday despite little appetite in Congress and skepticism that it would do much to lower prices at the pump.

“By suspending the 18-cent federal gas tax for the next 90 days, we can bring down the price of gas and bring families a bit of relief,” Biden said at the White House.

He said that states, many of which are enjoying budget surpluses, should also suspend their own gas taxes, and he called on refiners and gasoline retailers to make sure “every penny” ...