WASHINGTON, D.C. — Today, President Biden is calling on Congress to temporarily suspend the 18.4 cent federal gas tax through the end of the summer, a legislative proposal initially offered by Congressman Tom O’Halleran (AZ-01). Senate companion legislation was introduced by Senator Mark Kelly.
“I’m so pleased to see the President advocate for my plan to suspend the federal gas tax to provide hardworking families with relief at the pump,” said O’Halleran. “Arizonans in our district drive more than most to get to school, work, and the doctor, some traveling over 100 miles a day. This gas tax suspension would put money directly back into their pockets, lower shipping costs, and help address inflation — I encourage the president to extend his suspension ask to the end of this year.”
O’Halleran’s bill requires the Department of the Treasury to transfer from the general fund to the Highway Trust Fund and the Leaking Underground Storage Tank Trust Fund amounts resulting from the exemption provided by the suspension of the gas tax, protecting funding for American roads.
The average Arizonan is currently paying upwards up $5.30/gallon of gas.
President Biden will speak on the matter today at 2 PM ET, 11 AM MST.