Market News / Story
Trump weighs suspending federal gas tax
Seeking Alpha ·
Seeking Alpha reports: President Donald Trump said he is considering a suspension of the federal gas tax as elevated fuel prices remain a major concern for voters ahead of the midterm elections in November. "We're thinking about that," Trump said when asked by a reporter if the tax would be suspended. He did not provide any further details. Suspending the 18.4 cents-per-gallon tax would require lawmakers' approval, an unlikely prospect ahead of the midterms as Congress is on recess. A few…