Trump Proposes Gas Tax Break, Risking $3 Billion Monthly Loss to Treasury
the deep dive [Unofficial]
May 11, 2026
President Donald Trump has put forward a plan to suspend the federal gas tax, currently set at 18.4 cents per gallon on gasoline and 24.4 cents per gallon on diesel, as a direct response to fuel costs that have surged over 50% since the Iran war began on February 28. With average gas prices hitting […]
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