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Brief May 12, 2026 · 10:15 pm ET Source: Bloomberg Politics

Issa Supports Federal Gas Tax Holiday Despite Prior Opposition

Rep. Darrell Issa (R-CA) endorsed President Trump's push for a federal gas tax holiday, calling the 18-cent-per-gallon cut "symbolic" but still meaningful for consumers, according to Bloomberg. Issa had previously criticized a similar proposal when it was advanced under the Biden administration. Said Issa: "China must be part of the solution" to reopen the Strait of Hormuz, while defending continued U.S. involvement in the Iran conflict despite rising inflation and gas prices.

Source: Bloomberg Politics · link EconomyAffordability2026Midterms
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