President Joe Biden called on Congress to suspend the federal gas tax to “bring families just a little bit of relief” as average gasoline prices exceed US$5 a gallon. The tax is 18.4 cents on regular gasoline and 24.4 cents on diesel. Biden’s proposal would rescind both taxes for 90 days.
Several states, such as Maryland and Georgia, have temporarily waived their state gasoline taxes to reduce the burden on consumers.
