Gasoline Tax (US)
U.S. Gas Prices Fall Below $4 a Gallon, AAA Says
Gas prices in the United States fell below $4 a gallon on Thursday, retreating to their lowest level since March, a sign of relief for Americans struggling with historically high inflation and a political boost for President Biden, who has been under pressure to do more to bring down prices. The national average cost of […]
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Biden Just Proposed a Gas Tax Holiday. Will It Work?
When President Biden on Wednesday proposed a three-month suspension of federal taxes on gasoline and diesel, many Republicans rolled their eyes. And many Democrats wondered what had taken him so long. Variations on the concept have bounced from state to state for nearly a year now, with governors leading the way. Ron DeSantis proposed canceling […]
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Biden Will Push Congress for a Three-Month Gas Tax Holiday
WASHINGTON — President Biden plans to call on Congress on Wednesday to temporarily suspend the federal gas tax, an effort to dampen the soaring fuel prices that have stoked frustration across the United States. During a speech on Wednesday afternoon, Mr. Biden will ask Congress to lift the federal taxes — about 18 cents per […]
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High California Gas Prices Rattle Democrats Ahead of Midterms
Ms. Steel said she opposed abortion rights except to protect the health of the mother and for instances of incest but did not answer directly when asked twice if she supported exceptions for rape. A spokesman, Lance Trover, later said she did support that exception. The congresswoman missed the vote to certify the 2020 election […]
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States Turn to Tax Cuts as Inflation Stays Hot
A new report from the Tax Policy Center, a left-leaning think tank, said total state revenues rose by about 17.6 percent last year. State rainy day funds — money that is set aside to cover unexpected costs — have reached “new record levels,” according to the National Association of State Budget Officers. Yet those rosy […]
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