What You Need to Know About the Federal Gas Tax
NYT > Business·May 13, 2026
President Trump has proposed suspending the federal gas tax of 18.4 cents per gallon. If implemented, the suspension may only result in savings of a few dollars per month for drivers. The federal gas tax is a significant source of revenue for the government, and suspending it could have broader implications. The potential savings for drivers would likely be minimal, making the impact of the suspension relatively small.
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