Policies & Impacts

Biden Calls on Congress to Suspend Gas Tax for 3 Months Amid Soaring Energy Prices

Biden Calls on Congress to Suspend Gas Tax for 3 Months Amid Soaring Energy Prices
President Joe Biden speaks about gas prices in the South Court Auditorium at the White House campus on June 22, 2022. Drew Angerer/Getty Images
Andrew Moran
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President Joe Biden officially endorsed a suspension of federal and state taxes on gasoline and diesel on June 22.

Speaking at the White House, Biden urged Congress to temporarily lift the 18.4-cent-per-gallon federal tax on gasoline and 24.4-cent-per-gallon levy on diesel for three months, effective until the end of September.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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