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Politics

U.S. gas tax holiday is "worth considering," Janet Yellen says

Janet Yellen Joe Biden Gas Prices

A federal gas tax holiday to ameliorate the burden of soaring gas prices across the nation is an idea "certainly worth considering," Treasury Secretary Janet Yellen told ABC's "This Week" on Sunday.

Driving the news: The national average price for regular gasoline spiked to a never-before-seen $5 per gallon this month as the country grapples with decades-high inflation.

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