August 9, 2022
Business/Tech

Biden pushes for three-month suspension of US gasoline tax

biden-pushes-for-three-month-suspension-of-us-gasoline-tax

Issued on: 22/06/2022 – 22:06

Audio 07:44

07:44

BUSINESS DAILY © FRANCE 24 By: Kate MOODY

Follow US President Joe Biden has asked Congress to approve a three-month suspension of a federal tax on gasoline, as soaring energy prices weigh on households and businesses. But the 18 cent per gallon tax represents just a fraction of what’s paid at the pump, so will it really help? Also in the show: inflation in the UK hits a fresh high of 9.1 percent, and Haider Rafique, chief marketing officer at OKX, explains the recent crypto market crash and how it could change the industry. 

inflation petrol US economy

Leave a Reply

Your email address will not be published.