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Brief May 13, 2026 · 12:10 am ET Source: Bloomberg Politics

Issa Calls Federal Gas Tax Holiday Symbolic but Worthwhile

Representative Darrell Issa (R-CA) endorsed President Trump's proposed federal gas tax holiday, describing the 18-cent-per-gallon cut as "symbolic" but still meaningful for consumers, according to Bloomberg Politics. Atlantic Council Vice President Josh Lipsky said Iran is unlikely to appear on the agenda when Trump meets President Xi in Beijing, arguing Trump wants "deliverables" from the summit rather than a broader diplomatic conversation.

Source: Bloomberg Politics · link EconomyAffordabilityAppropriations
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