Watch: President Biden delivers remarks on gas prices | USA TODAY
June 22, 2022
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9:19Now PlayingWatch: President Biden delivers remarks on gas prices | USA TODAY
YouTube Description
as posted by the channelBiden said he is considering a pause on the federal gas tax, which some lawmakers in his party have pushed as a way to reduce prices at the pump for Americans.
RELATEDBiden reassures as soaring inflation causes concern
"Well, I hope I have a decision based on the data I'm looking for ... by the end of the week," Biden said Monday on vacation in Rehoboth Beach, Delaware.
The gas tax adds 18.4 cents total per gallon of gasoline – 18.3 cents in excise tax plus 0.1 cent in a storage fee. For diesel, it is 24.3 cents plus the 0.1 cent fee. The national average price for a gallon was $4.981 on Monday, according to AAA.
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