WASHINGTON – With no end in sight to skyrocketing fuel prices caused by the Iran war, Congress is considering an intervention.
Democrats on Capitol Hill have been clamoring for months for a temporary federal gas tax holiday. Though they introduced legislation to institute one in March, the idea wasn't meaningfully gaining steam – until President Donald Trump abruptly came out in support of it.
"Yeah, I'm going to reduce," he said during a May 11 Oval Office event, adding that he wants to suspend the 18.4-cent-per-gallon gasoline tax until an "appropriate" time.
Trump speaks: President calls for suspending the federal gas tax during war in Iran
While there's no clear timeline yet for the potential pause – which still faces considerable hurdles in the Capitol – it could amount to arguably the most meaningful legislative intervention since the war began to ease the pain at the pump facing Americans nationwide.
