The Trump administration is signaling it may consider suspending the federal gas tax as Americans continue to grapple with soaring fuel prices tied to escalating tensions in the Middle East and instability around the Strait of Hormuz.
Energy Secretary Chris Wright said Sunday that the administration is willing to explore nearly any option that could ease pressure on consumers and businesses dealing with rising energy costs.
Read Full Article: https://ijr.com/trump-admin-contemplates-tax-cut/