Bloomberg News
Bloomberg News
@Bloomberg-News·2.8M subscribers·39.1K videos

Biden Asks Congress to Suspend Federal Gas Tax for 90 Days

Posted

June 22, 2022

Views

356

Likes

5

Comments

11

Engagement

4.49%

Search the Record

Indexed

Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.

Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.

Try a name, a topic, or a quoted line

YouTube Description

as posted by the channel

President Joe Biden will call on Congress to enact a gasoline tax holiday, a person familiar with the plans says, as he looks to cool soaring pump prices heading into summer.

Biden will make a statement Wednesday calling on Congress to enact the pause, the person said, speaking on condition of anonymity ahead of an announcement. The White House did not immediately respond to a request for comment.

Biden said earlier this week he was studying whether to back suspension of the 18.4 cents-per-gallon tax. It’s not clear how long a pause he would favor. Average gasoline prices are hovering around $5 a gallon.

Subscribe to our YouTube channel

Subscribe to our newest channel Quicktake Explained

Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.

To watch complete coverage on Bloomberg Quicktake 24/7, visit or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app.

Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake

Connect with us on…

Breaking News on YouTube

Guests & Subjects Covered

President Joe BidenThe White HouseQuicktake Explained Bloomberg QuicktakeBloomberg QuicktakeAndroid TVBloomberg Quicktake ConnectYouTube Breaking NewsYouTube Twitter Facebook Instagram

Sentinel Indexing in Progress

Metadata and chapters are available. Claim extraction for this episode is pending.

All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.

Biden Asks Congress to Suspend Federal Gas Tax for 90 Days · Bloomberg News · Sentinel