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Biden urges Congress to provide gas tax holiday, but analysts predict lawmakers won’t do it

Posted on June 22, 2022 By admin No Comments on Biden urges Congress to provide gas tax holiday, but analysts predict lawmakers won’t do it
Biden urges Congress to provide gas tax holiday, but analysts predict lawmakers won’t do it

While President Joe Biden called on Congress on Wednesday to suspend federal gasoline and diesel taxes for three months, analysts criticized his proposal and predicted that it would not draw sufficient support from US lawmakers. The suspension “would require congressional action, which is exceedingly unlikely,” said Tobin Marcus, a policy and politics strategist at Evercore…

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