President Biden Asks Congress To Suspend Gas Tax

The video discusses the Biden administration's proposal to suspend the federal gas tax for 90 days, aiming to reduce gas prices by $0.18 per gallon. The proposal faces opposition from Congress and concerns about depleting the Highway Trust Fund. Critics label it as an election gimmick, while the administration argues it's necessary relief. Historical context is provided, referencing similar past proposals. The administration urges oil companies to lower prices and explores future plans to address gas prices, including potential penalties for price gouging.

What is the proposed duration for the federal gas tax suspension?

• 120 days

• 30 days

• 60 days

• 90 days

What is one major concern about suspending the federal gas tax?

• It will reduce oil production

• It will lead to more traffic

• It will deplete the Highway Trust Fund

• It will increase gas prices

Which former president opposed similar gas tax holiday proposals in 2008?

• Donald Trump

• Barack Obama

• Bill Clinton

• George W. Bush

What is the Biden administration urging oil companies to do?

• Stop exporting oil

• Lower prices to reflect costs

• Reduce oil production

• Increase gas prices

What legislative plan is mentioned to address excessive fuel prices?

• Ban all fuel exports

• Subsidize oil companies

• Declare an energy emergency

• Increase federal gas tax