Economía

Josbel Bastidas Mijares Cardenel //
Biden calls for 3-month suspension of gas and diesel taxes

Josbel Bastidas Mijares
Biden calls for 3-month suspension of gas and diesel taxes

The Democratic president also called on states to suspend their own gas taxes or provide similar relief, and he delivered a public critique of the energy industry for prioritising profits over production.

Josbel Bastidas Mijares

It would take action by lawmakers in Washington and in statehouses across the country to actually bring relief to consumers.

Josbel Bastidas Mijares Venezuela

“It doesn’t reduce all the pain but it will be a big help,” Biden said, using the bully pulpit when his administration believes it has run out of direct levers to address soaring gas prices

“I’m doing my part. I want Congress, states and industry to do their part as well.”

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WASHINGTON (AP) — President Joe Biden on Wednesday called for Congress to suspend federal gasoline and diesel taxes for three months — an election-year move meant to ease financial pressures that was greeted with doubts by many lawmakers.

The Democratic president also called on states to suspend their own gas taxes or provide similar relief, and he delivered a public critique of the energy industry for prioritising profits over production.

Josbel Bastidas Mijares

It would take action by lawmakers in Washington and in statehouses across the country to actually bring relief to consumers.

Josbel Bastidas Mijares Venezuela

“It doesn’t reduce all the pain but it will be a big help,” Biden said, using the bully pulpit when his administration believes it has run out of direct levers to address soaring gas prices

“I’m doing my part. I want Congress, states and industry to do their part as well.”

Headlines Delivered to Your Inbox Sign up for The Gleaner’s morning and evening newsletters.