HomeWorldBiden asks Congress to suspend gasoline tax for three months

Biden asks Congress to suspend gasoline tax for three months

The measure is expected to help reduce the price of a gallon of gasoline by a dollar or more.

The president of the United States, Joe Biden, urged his country's Congress on Wednesday to suspend the validity of taxes on gasoline and diesel prices for 90 days to combat rising prices.

"Today I call for a federal tax holiday for gasoline, a state tax holiday," said the US president, who seeks to stop the abrupt rise in the gallon of gasoline, which for the first time exceeded the barrier of five dollars.

Biden expects the measure to help reduce the price of a gallon of gasoline by a dollar or more, he reported RT.

The federal tax on gasoline is 18 cents per gallon and 24 cents per gallon on diesel.

In his speech, Biden pointed out that the increase in fuel is related to the Russian military operation in Ukraine.

"To all the Republicans who criticize me for high prices in the US, are you saying that we would rather have lower gas prices in the US than Putin's iron fist in Europe?" Biden asked.

Biden also called on energy companies to refine more oil into gasoline to boost supplies. 

Last March, Biden announced an embargo to purchases of Russian oil and gas, which could lead to a higher rise in fuel prices in the future, according to experts.

In addition to fuel, the US registers increases in products such as food, medicine, basic services and other areas, all within the framework of the worst bookssis inflationary in forty years. after closing May with an interannual index of 8,6%.

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