Gas tax holiday stalls in Congress amid highway funding fears

1 min read
Source: Axios
Gas tax holiday stalls in Congress amid highway funding fears
Photo: Axios
TL;DR Summary

Trump floated a temporary suspension of the federal gas tax to ease prices, but Congress and the White House remain split. Senate leaders signaled hesitation due to revenue loss that could hit the Highway Trust Fund, and critics argue any relief would be modest relative to price shocks from global events. A hypothetical waiver could cost about $14 billion for a May–November window, and while several 2028 contenders have endorsed similar ideas, it remains unclear whether the plan will gain political traction or fade as campaigning continues.

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