Trump weighs federal gas tax holiday as U.S. pump prices approach $5

TL;DR Summary
With U.S. gas prices climbing toward $5 a gallon, Trump has floated suspending the 18-cent federal gas tax—a move that would require Congress. NBC News’s analysis shows that even a complete pause on all state and federal taxes would leave prices about 35% higher than they were at the war’s start. The average driver pays roughly 51 cents per gallon in taxes and fees, of which 18 cents go to the federal government; Georgia has already paused its own tax, and a broader pause would affect highway and transit funding via the Highway Trust Fund.
- The federal gas tax is on Trump’s hit list. Data shows how much would be saved without it. NBC News
- Trump says he aims to suspend gas tax "for a period of time" CBS News
- Trump wants to suspend the federal gas tax. The move could mean higher debt—and more potholes Fortune
- Trump says federal gasoline tax to be reduced 'till it's appropriate' Reuters
- Trump Proposes Suspending Federal Gas Tax Until Prices Fall The New York Times
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