Experts Warn Gas Tax Holiday Unlikely To Be Passed In Congress

The video discusses President Biden's proposal to suspend the federal gas tax for three months to reduce gas prices. The proposal faces skepticism from Congress, with concerns about its effectiveness and potential revenue loss. While Biden suggests states also suspend their gas taxes, Republicans argue for increased energy production instead. The proposal's passage through Congress is uncertain, especially in the evenly split Senate.

What concerns have lawmakers expressed regarding the gas tax holiday?

What is President Biden asking Congress to suspend?

What are the potential savings at the pump if the gas tax is suspended?

Why is there skepticism about the effectiveness of the gas tax holiday?

What alternative solution do Republicans propose for high gas prices?