Trump administration considers temporary halt to federal gas tax
en.irna.ir
The Trump administration is considering a temporary suspension of the federal gas tax to combat rising fuel prices, according to administration sources. The move could provide immediate relief to consumers but raises concerns about funding for infrastructure projects.
The Trump administration is considering temporarily suspending the federal gas tax amid rising fuel prices, according to administration sources.
The move is being evaluated as a measure to relieve cost pressures on Americans, as gasoline prices have recently surged. No final decision has been made, but internal discussions are actively underway.
The federal gas tax currently stands at 18.4 cents per gallon (about 4.9 cents per liter) for gasoline and 24.4 cents per gallon (6.5 cents per liter) for diesel. If approved, the suspension would immediately lower retail fuel prices.
However, the decision also raises questions about funding for the Highway Trust Fund, which relies on gas tax revenue to finance transportation infrastructure projects. Analysts warn that a temporary halt could strain the federal budget over the long term.
President Trump has repeatedly called for lower gas prices and criticized oil-producing nations for failing to boost output to curb costs. This latest move is part of the administration's broader effort to address inflation and rising living expenses.