President Donald Trump confirmed Monday that he wants to temporarily suspend the 18.4-cent federal gas tax, with Republican lawmakers in both chambers announcing plans to introduce legislation hours later, but key details including duration, cost offset, and a phase-back trigger remain undefined.
"I think it's a great idea," Trump told CBS News. "Yup, we're going to take off the gas tax for a period of time, and when gas goes down, we'll let it phase back in."
At a separate White House event, Trump said prices would "drop like a rock" once the Iran conflict ends, adding that any suspension would last "until it's appropriate."
U.S. Sen. Josh Hawley, R-Mo., and Rep. Anna Paulina Luna, R-Fla., announced plans to introduce legislation suspending the tax, with Luna saying her office would work "directly with President Trump to ensure we deliver this win for the American people." Neither bill had been filed as of publication time.
