Biden Calls On Congress To Approve Three-Month Gas Tax Holiday

In a statement released by the White House, Biden urged lawmakers to suspend the current 18-cent tax per gallon of gasoline and 24-cent on diesel until the end of September.

The president also urged states to act—either by pausing their own gas taxes, deferring any planned hikes or offering rebates and relief payments—and alleviate the burden of high prices at the pump.

Biden asked lawmakers in Congress to ensure that the three-month tax freeze does not negatively impact the Highway Trust Fund—which is funded by these taxes—by using other revenues to cover its $10 billion cost.

In the statement, Biden once again blamed Russian President Vladimir Putin and his ongoing invasion of Ukraine as the reason behind the high gas prices even referring to it as the “Putin Price Hike.”