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Trump Weighs Suspending Federal Gas Tax as Fuel Prices Squeeze Americans Before Midterms

US fuel prices and President Donald Trump
कंप्यूटर द्वारा तैयार हिंदी ऑडियो

WASHINGTON: President Donald Trump said he is considering suspending the federal gasoline tax as high gas and diesel prices add to household costs and become a growing political issue ahead of November’s midterm elections.

Fuel prices become an election issue

The federal gas tax has long helped finance transportation infrastructure. Suspending it could offer motorists short-term relief, but any proposal would raise questions over highway funding and whether savings would fully reach consumers.

Energy prices have climbed amid renewed global supply concerns, including conflict in the Middle East and a developing storm threatening Gulf of Mexico production.

Related: Latest USA News

Source: Reuters US Domestic News Summary


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Imran Siddiqui

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