U.S.

Biden urged Congress to abolish the fuel tax in the U.S. for three months

Biden urged Congress to abolish the fuel tax in the U.S. for three months

President Joe Biden has called on Congress to temporarily repeal the federal fuel tax due to rising gasoline prices. This was reported in a statement issued Wednesday by the White House press office.

“Currently, the federal government takes a tax of 18 cents per gallon of gasoline and 24 cents per gallon of diesel. However, in this unique situation, with gasoline prices averaging around $5 a gallon nationwide, President Biden is calling on Congress to suspend the fuel tax for three months – until the end of September,” the statement notes. The U.S. president also urged local and state governments to take a similar step.

“President Biden understands that suspending the fuel tax by itself will not alleviate the price increases we are seeing. But the president believes that in this unique situation, with the war in Ukraine creating costs for American families, Congress should do what it can to bring relief to working families,” the text of the statement reads.

That Biden wants to temporarily eliminate the federal fuel tax because of record gasoline prices. The measure must be approved by Congress. According to the newspaper, the American leader and his advisers had been discussing the move for several months. According to the schedule circulated by the White House, the president will make a speech on Wednesday about the situation with rising gasoline prices in the country.