Complete Story


U.S. States Weigh Tax Breaks to Ease Pain at the Gas Pump

Many are blaming the Biden administration for the inflated costs

A surge in U.S. retail gasoline prices to record highs has prompted governors and lawmakers in several states to consider slashing their fuel taxes and to ramp up pressure on the federal government to do the same.

The push reflects worries in state governments that the rapid spike in fuel costs could hurt motorists and chill local economies, and that federal efforts to keep prices down so far have been insufficient.

"Due to a total failure of leadership in Washington, we are actively working with the Georgia House and Senate to quickly move legislation that will temporarily suspend the state's motor fuel tax," said Georgia Governor Brian Kemp (R).

Please select this link to read the complete article from Reuters.

Printer-Friendly Version