Trump Says He Supports Suspending Gas Tax
'That's a great idea!' Trump told CBS News.
TL;DR
- President Trump supports suspending the gasoline tax.
- He believes it's a 'great idea' to combat rising gas prices.
- The suspension would be temporary, with taxes phasing back in when prices fall.
- The federal excise tax on gasoline is 18.4 cents per gallon.
- The national average for a gallon of gas was $4.52 on May 11.