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Biden Calls For 3-Month Gas Tax Holiday

WILMINGTON, DE - DECEMBER 28: President-elect Joe Biden delivers remarks at the Queen Theater on December 28, 2020 in Wilmington, Delaware. Biden will be inaugurated as the 46th president in a scaled-down ceremony in Washington D.C. due to the coronavirus (COVID-19) pandemic on January 20, 2021. (Photo by Mark Makela/Getty Images)

President Biden wants to lower gas prices by declaring a ‘gas tax holiday’ for the next three months.

He’s urging Congress to approve the plan and “take this step to help American families”.

Under the proposal, a federal gas tax of 18 cents per gallon and 24 cents per gallon of diesel would be suspended until September.

The average price for a gallon of gas in the U.S. is currently $4.95 per gallon.

 



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