Ãå±±ÂÖ¼é

Skip to main content
You have permission to edit this article.
Edit

Biden to ask Congress and states to suspend gas tax

  • 0
(CNN) fuel pump

Diesel prices over $6.50 a gallon are displayed on a pump at a Chevron gas station on May 2 in San Rafael, California. The price of diesel has reached an all-time high in the U.S. and is causing trouble in the trucking industry. The average price of diesel is at $5.296 per gallon.

President Biden is and state leaders Wednesday to suspend the gas tax for about three months.

Right now, the federal gas tax is 18.4-cents per gallon while diesel fuel is taxed federally at a rate of 24.4-cents per gallon.

The Alabama gas tax is 28-cents.

Governor Kay Ivey has expressed disinterest in the past about suspending the state gas tax; but, she has called on Biden to suspend the tax on a federal level.

According to the U.S. Energy Information Administration, the average state gas tax is 31-cents per gallon of gasoline.

The President says summertime is the perfect time to suspend the tax temporarily because so many Americans are hitting the road and paying for it heavily at the pump.

If the suspension is passed, the federal government would lose out on about $10 billion. 

Biden is hopeful that suspension will pass as members in both the Senate and House have made similar proposals in the past.

Recommended for you