Biden To Call For 3-Month Suspension Of Gas And Diesel Taxes

Biden To Call For 3-Month Suspension Of Gas And Diesel Taxes

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President Biden proposes a three-month suspension of the federal gas tax to alleviate high gas prices, potentially saving drivers $0.18 per gallon. The proposal faces opposition in Congress, including from some Democrats. The suspension could cost the Federal Highway Transportation Fund $10 billion, but Biden argues it won't significantly impact major road projects due to existing infrastructure funding. The White House claims the measures could save Americans up to a dollar per gallon, but experts warn the savings may not reach consumers and could worsen inflation by encouraging more spending at the pump.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is President Biden's proposal regarding the federal gas tax?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How much could drivers potentially save per gallon if the gas tax is suspended?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns do some Congress members have regarding the gas tax suspension?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What alternative measures does the White House suggest if states do not suspend their gas taxes?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential impact on inflation is associated with the proposed gas tax suspension?

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