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The Latest Breaking News from Highway Trust Fund

What a US gas tax suspension could mean for drivers and the prices they see at the pump

President Donald Trump wants to suspend the federal gas tax to ease financial strain from high fuel prices during the war with Iran

The Independent UK

Thanksgiving Traffic Shows the Highway Trust Fund Is Running on Empty

Federal gas taxes no longer cover the cost of highways, leaving taxpayers to fill a growing multibillion-dollar gap.

Truckers and lawmakers pitch tax repeal to meet emission goals - Roll Call

Truckers and lawmakers pitch tax repeal to meet emission goals - Roll Call

A century-old tax on new heavy-duty trucks means the trucking industry could have to pay more to keep up with climate goals.

From analysis to the latest developments in health,
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Congress looks to states for Highway Trust Fund revenue solution

WASHINGTON — As electric vehicles appear more and more to be the future of transportation in America, the decades-old method of funding the nation’s roads and bridges with gasoline taxes will soon be a relic of its past. Yet, the last time Congress addressed declining revenues in the federal Highway…

Tribune News Service

Congress looks to states for Highway Trust Fund revenue solution

Congress has refused to increase federal gas taxes, which have been stuck at 18.4 cents per gallon since 1993.

Federal gas tax holiday: Biden says it will provide ‘a little bit of relief’ – but experts say even that may be a stretch

President Joe Biden called on Congress to suspend the federal gas tax to “bring families just a little bit of relief” as average gasoline prices exceed US$5 a gallon. The tax is 18.4 cents on regular gasoline and 24.4 cents on diesel. Biden’s proposal would rescind both taxes for 90…

The Conversation

Biden asks Congress to suspend gas tax for 3 months

WASHINGTON — President Joe Biden on Wednesday asked Congress to suspend the federal gas tax through September, a move that he said could shave off 18 cents per gallon and “give families just a little bit of relief.”

Los Angeles Times

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Biden's Gas Tax Holiday Plan Already Running on Empty

Biden's Gas Tax Holiday Plan Already Running on Empty

Prominent Democrats including Joe Manchin oppose a bad idea whose time has seemingly not yet come.

Congress skeptical about Biden's call to suspend gas tax - Roll Call

Congress skeptical about Biden's call to suspend gas tax - Roll Call

President Joe Biden's call for suspending the gas tax was greeted with skepticism on Wednesday by members of Congress — including Democrats.

The Gas Tax Makes Sense. Biden Considers Canceling It.

The Gas Tax Makes Sense. Biden Considers Canceling It.

Road maintenance and construction don't suddenly become free because gas hits $5 a gallon.

Pelosi dismisses gas tax hiatus, says consumers wouldn’t benefit

WASHINGTON — House Speaker Nancy Pelosi on Thursday appeared to shoot down the idea of a gas tax holiday, dismissing the idea as “very showbiz” and arguing it would not have a practical effect on consumers.

Tribune News Service

Pelosi dismisses gas tax hiatus, says consumers wouldn't benefit - Roll Call

Pelosi dismisses gas tax hiatus, says consumers wouldn't benefit - Roll Call

Her comments run counter to a group of six Senate Democrats who have introduced a bill to eliminate the tax through 2022.

Would gas tax breaks make a big difference when prices are skyrocketing? We asked 4 experts

Would gas tax breaks make a big difference when prices are skyrocketing? We asked 4 experts

With gasoline prices trending over US$4 per gallon nationwide, politicians are feeling the heat. In response, Maryland and Georgia have temporarily waived their state gasoline taxes to reduce the burden on consumers. Other states are considering similar actions, and some members of Congress have called for suspending the federal gas…

The Conversation

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