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The Economic Times
The Economic Times
National
Aastha Raj

Donald Trump is considering an 18.4-cent gas tax cut, but will the savings reach your wallet?

President Donald Trump has opened the door to cutting the federal gas tax as drivers face high pump prices. Asked Tuesday whether he might suspend the levy, Trump said his administration was “thinking about that.” No timetable followed.

The idea sounds simple, but Congress must approve any suspension. Full savings may never reach the gas pump. Small reductions can matter when household fuel costs keep climbing.

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