← Back to the Feed
Brief May 11, 2026 · 6:25 pm ET Source: NBC News Politics

Trump Proposes Federal Gas Tax Suspension Amid $5 Average

President Trump told reporters he intends to suspend the federal 18-cents-per-gallon gas tax as national averages approach $5, though any suspension requires an act of Congress, according to NBC News. Said Energy Secretary Chris Wright on NBC's Meet the Press: "All measures that can be taken to lower the price at the pump and lower the prices for Americans, this administration is in support of" — even as an NBC News analysis found that eliminating all state and federal taxes would still leave prices 35% above pre-war levels.

Source: NBC News Politics · link EconomyAffordability2026Midterms
Brief 6d ago

18 Cents Won't Save You From a $4.50 Tank

Source: NYT Politics ArticleIAppropriationsEconomy
Brief 5d ago

18 Cents Off, Half a Billion a Week, Zero Votes

Source: CBS News Politics EconomyAffordabilityAppropriations
Brief 2d ago

200 Jets: What China Got Trump to Concede

Source: Bloomberg Politics ForeignPolicyChinaEconomy