U.S. Considers Suspending Gas Tax Amid Rising Prices
· Telemundo McAllen (KTLM)
The U.S. government is considering a temporary suspension of the federal gasoline tax in response to rising fuel prices due to the ongoing conflict with Iran. Energy Secretary Chris Wright stated that the White House is open to freezing the tax to alleviate consumer costs. The federal tax includes 18.3 cents per gallon for gasoline and 24.3 cents for diesel. Currently, gasoline prices have surged to an average of $4.52 per gallon, a 50% increase since the conflict began. Many Americans are adjusting their driving habits and household budgets due to these rising costs, according to a recent Washington Post survey.
AI summary · Source: Telemundo McAllen (KTLM) →
