Category: gas tax holiday

Georgia Governor Extends Gas Tax Holiday Into Mid-August

Georgia’s Republican Gov. Brian Kemp recently signed an executive order that extends the gas tax holiday into August, a move that is expected to provide some relief to the state’s citizens. Back in mid-March, Kemp signed House Bill 304, suspending the state tax on motor fuel. The suspension was supposed to remain in effect until…


Biden Calls for Gas Tax Holiday; Fed Chair: Higher Rates Could Cause Recession | NTD Business

President Joe Biden is asking Congress to suspend the gas tax for three months, amid soaring energy prices. Officials hope it can help ease pain at the pump. The Federal Reserve chair said we could see a recession if they keep raising rates, yet they are committed to the fight against inflation. Trillions were wiped…


Biden Considers Gas Tax Holiday for Americans; Disney’s ‘Lightyear’ Flops in Weekend Release | NTD Evening News

As Americans feel the hurt at gas stations across the country, President Joe Biden said on June 20 that he is considering a gas tax holiday and gas rebate cards. Disney and Pixar Studios’ new film “Lightyear” isn’t performing as well as analysts had expected. The film has received international backlash over its gay kissing…


Chances of US Recession at 85 Percent: JPMorgan; Biden: Decision on Gas Tax Holiday Soon | NTD Business

Recession fears grow; investment bank JPMorgan says there’s an 85 percent chance of a recession for the U.S. economy. President Joe Biden is considering pausing the federal gas tax to help at the pump, saying he’ll make a decision soon. Germany is going back to coal for power generation. It wants to reduce natural gas…


What’s Driving Skyhigh Gas Prices, and Is Relief in Sight?

If you are a driver, you have probably been unhappy about how fast gas prices are rising recently. You have probably done multiple Google searches for “gas prices near me” to find the lowest price in your neighborhood. You are probably wondering—and fearful—how high gasoline prices could go before you take your vacation and when…


California Bill to Cut Gas Tax Fails 3rd Time

SACRAMENTO—The effort to temporarily halt California’s 51-cent gas tax failed for a third time in a state assembly committee as lawmakers instead proposed changing the bill by adding a new tax on fuel suppliers to feed a rebate program for gas consumers. Assembly Bill 1638 by Assemblyman Kevin Kiley (R-Rocklin) was accepted to be heard…


Republican Efforts to Cut Gas Prices by 50 Cents Fails in California Assembly

SACRAMENTO—The effort to temporarily remove California’s gas tax—the highest in the nation—failed in the state assembly on March 14 as gas prices continue to climb throughout the state. “Every [Republican] lawmaker voted to take 50 cents off the gallon of gas,” Assemblyman James Gallagher (R-Yuba City) wrote on Twitter. “Not a single Democrat Assemblymember supported…


Republican Bill to Cut Gas Prices by 50 Cents Fails in California Assembly

SACRAMENTO—The effort to temporarily remove California’s gas tax—the highest in the nation—failed in the state assembly on March 14 as gas prices continue to climb throughout the state. “Every [Republican] lawmaker voted to take 50 cents off the gallon of gas,” Assemblyman James Gallagher (R-Yuba City) wrote on Twitter. “Not a single Democrat Assemblymember supported…


California GOP Joins Orange County Leaders and Businesses to Call for Gas Tax Holiday

ORANGE, Calif.—As the City of Orange officials and business leaders gathered in Yorba Park near the busyness of the 55 Freeway and Chapman Avenue, a gas station LED sign showing prices starting at $4.89 per gallon loomed overhead across the street. “I guarantee you that any of you wanting to go over and interview anyone filling…