The White House press service said that the U.S. president “understands that the suspension of the fuel tax will not in itself weaken the price increase.”
The U.S. President Joe Biden has called on Congress to temporarily abolish the federal fuel tax due to rising gasoline prices. This was reported in a statement issued on Wednesday by the White House press service.
“Currently, the federal government takes a tax of 18 cents per gallon (3.785 liters) gasoline and 24 cents – from a gallon of diesel fuel. <…”However, in this unique situation, when gasoline prices are on average around $5 per gallon across the country, President Biden calls on Congress to suspend the fuel tax for three months – until the end of September,” the report says. It is emphasized that the American leader also called on local and state authorities to take a similar step.
“President Biden understands that the suspension of the fuel tax by itself will not weaken the price increase that we see. But the president believes that in this unique situation, when the war in Ukraine creates costs for American families, Congress should do what it can to ease the situation of working families,” the text of the statement says.
The fact that Biden wants to temporarily abolish the federal fuel tax due to record gasoline prices, The Wall Street Journal reported on Tuesday, citing sources. The publication stressed that the measure must be approved by Congress. According to the newspaper, the American leader and his advisers have been discussing this step for several months. According to the schedule distributed by the White House, the president will deliver a speech on Wednesday on the situation with rising gasoline prices in the country.