President Biden on Wednesday asked Congress for a three-month federal gas-tax holiday. Aimed at providing relief from high gas prices brought on by Russia's invasion of Ukraine, the policy is already drawing skepticism. If Congress approves the tax holiday, current federal fuel taxes of 24 cents per gallon for gasoline and 18 cents per gallon for... Biden’s proposed gas-tax holiday has a lot of skeptics, from economists to environmentalists
President Biden on Wednesday asked Congress for a three-month federal gas-tax holiday. Aimed at providing relief from high gas prices brought on by Russia's invasion of Ukraine, the policy is already drawing skepticism. If Congress approves the tax holiday, current federal fuel taxes of 24 cents per gallon for gasoline and 18 cents per gallon for...