President Trump’s proposal to suspend the federal gas tax is gaining momentum as White House officials race to limit the economic impact of the U.S.-Iran war.
The renewed push comes amid Trump’s comments during a Monday morning phone interview with CBS News, where he said he wants to pause the federal gas tax “for a while.”
Why is the White House considering focusing on cutting the gas tax?
Suspending the federal gas tax is “gaining urgency” after some aides initially dismissed it as unnecessary, Reuters reported, citing people familiar with White House discussions. Officials are said to be running out of options to prove they are addressing rising consumer costs.
One source said the proposal was still being seen as a backup plan as of late April. However, support for the measure has strengthened over the past week as Iran’s ceasefire efforts have faltered.
The proposed tax cut would reduce gasoline prices by about 18 cents per gallon as citizens head there. The average has risen above $4.50. However, Trump’s plan requires congressional approval.
“Within the White House, a consensus has emerged that with prices up 50% since the start of the war, Trump needs clear consumer relief action now,” one person said. a report He reads.
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How the Iran War Hit US Pump Prices
This shift comes after a sharp rise in fuel costs Due to closure Strait of Hormuz. Gas prices have risen by more than 50% since the start of the war.
The Americans are dead An additional $39.6 billion on fuel since the conflict, according to a Brown University tracker. that Ipsos Consumer Tracker Wave found that 56% of Americans reported an increase in gas spending over the past three months.
This figure reached 24% in April 2025. At the same time, US oil reserves are rapidly being depleted.
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However, Trump did just that Concerns about were dismissed Family budgets.
He said: “I’m not thinking about the financial situation of the Americans. I’m not thinking about anyone. I’m thinking about one thing: We cannot allow Iran to have a nuclear weapon. That’s all.”
As ceasefire talks falter and Memorial Day approaches, the window for relief is narrowing.
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