Donald Trump · White House · US Congress · Federal Reserve (FED) · Strait of Hormuz · Axios
Trump official opens door to gas tax suspension
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Energy Secretary Chris Wright said Sunday the Trump administration is "open" to suspending the federal gasoline tax amid high pump prices.
Key facts
- His remarks slightly soften the White House stance on the idea of halting the federal gas tax of 18.3 cents per gallon
- Energy Secretary Chris Wright said Sunday the Trump administration is "open" to suspending the federal gasoline tax amid high pump prices
- Last week, a White House official said the idea was "not currently under consideration
- The White House has tried several moves to ease the price spike from the throttling of the Strait of Hormuz
Summary
His remarks slightly soften the White House stance on the idea of halting the federal gas tax of 18.3 cents per gallon. Polling shows President Trump faces political blowback from prices at their highest levels in four years. The average U.S. price for regular gas hit $4.52 per gallon Sunday, per AAA, up from under $3 when the war began. Wright, asked about a gas tax suspension on NBC's "Meet the Press," said "we're open to all ideas" to lower costs for consumers and businesses.