Trump To Suspend Gas Tax?
President Donald Trump is calling for a temporary suspension of the federal tax on gasoline. Currently the tax is 18.4 cents per gallon. Trump doesn’t want to get rid of the tax, simply to suspend it for a period of time until the Iranian War gets resolved.
Already, Sen. Josh Hawley of Missouri has said he will introduce legislation to accomplish the gas tax suspension Trump has in mind.
This proposal squarely puts the Democrats in a bind. They cannot oppose it without appearing to want to stick it to the consumers. But if they suspend the tax, will they agree to cuts in federal spending matching the new loss in revenue?
They’re caught between a rock and a hard place! Here’s more from Trish Regan.
