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Trump Seeks Gas Tax Suspension Amid Soaring Prices

Trump Seeks Gas Tax Suspension Amid Soaring Prices

Published 3 days, 15 hours ago
Description

President Trump proposes a temporary halt to the federal gas tax amid soaring prices due to the Iran conflict, with gasoline surging over 50% to $4.52 per gallon. The tax suspension, if approved by Congress, could save drivers around $2.21 on a 12-gallon fill-up. However, the duration of the war and Congressional approval remain key factors.

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