Trump's Federal Gas Tax Holiday Would Save Drivers Less Than $9 Per Month
Trump's proposal to suspend the federal gas tax would provide minimal savings for drivers, estimated at less than $9 per month. This move has raised concerns about the impact on the federal Highway Trust Fund, which could face significant shortfalls. Critics argue that while tax cuts may seem appealing, they do not address the underlying issues driving high gas prices.
- ▪The average gas price in America has risen to over $4.50 per gallon due to ongoing geopolitical tensions.
- ▪Suspending the federal gas tax would create a $10.5 billion shortfall in the Highway Trust Fund.
- ▪Previous proposals to suspend the gas tax during inflation also showed minimal savings for drivers.
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Gas Taxes Trump's Federal Gas Tax Holiday Would Save Drivers Less Than $9 Per Month It was a bad idea when Biden proposed it, and it's a bad idea now that Trump is proposing it. Want lower gas prices? End the war. Eric Boehm | 5.18.2026 5:05 PM Share on FacebookShare on XShare on RedditShare by emailPrint friendly versionCopy page URL Add Reason to Google Media Contact & Reprint Requests <img src="https://d2eehagpk5cl65.cloudfront.net/img/c800x450-w800-q80/uploads/2026/05/Trump-Hawley-5-18-800x450.jpg" style="max-width: 100%; height: auto" width="1200" height="675" alt="Trump-Hawley-5-18 | Eric Lee - Pool via CNP/Newscom/Tom Williams/CQ Roll Call/Newscom/Yuliia Koniaieva/Dreamstime" /> (Eric Lee - Pool via CNP/Newscom/Tom Williams/CQ Roll Call/Newscom/Yuliia Koniaieva/Dreamstime) The week…
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