Bill Handel

Bill Handel

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President Biden to Call on Congress to Approve a 3-Month Gas Tax Holiday


President Biden plans to call on Congress to pass legislation that would create a tax holiday in an effort to lower gas prices.

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

Biden is also calling on states to lower their own gas taxes or provide other relief to customers.

The White House released a statement outlining the president's plans and how asking for this relief will not cut into the Highway Trust Fund, which finances highway and public transportation projects using gas tax revenue.

Currently, the average price for a gallon of gas in the US is $4.95 per gallon and $6.37 in California.


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