Skip to content

Biden Says Decision Nearing on Gas-Tax Pause, Student Debt

  • Staff to meet with oil industry executives, president says
  • Gasoline prices now average $4.98 a gallon, according to AAA
Video player cover image
Biden Says He’s Considering a Fed Gas Tax Holiday
Updated on

President Joe Biden said he’s aiming to decide this week whether to move to suspend the federal gasoline tax in a bid to ease the impact of soaring prices at the pump.

“Yes, I’m considering it,” Biden said while speaking to reporters on the beach in Delaware on Monday. “I hope I have a decision, based on data I’m looking for, by the end of the week.”