WASHINGTON—President Biden is planning to call for a three-month suspension of the federal gasoline and diesel taxes, according to senior administration officials.

Mr. Biden and his advisers have been discussing the issue for months in the midst of increasing political pressure to take action to address record-high gas prices. The announcement is expected on Wednesday, officials said, when Mr. Biden is scheduled to deliver remarks on gas prices at 2 p.m. Eastern Time.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Asian American tech worker says in lawsuit that former execs banned Mandarin and made jokes about rice

A former Asian American employee is suing the Silicon Valley tech company…

House Republicans subpoena Apple, Facebook and Google over content moderation

The Republican-led House Judiciary Committee on Wednesday subpoenaed the chief executives of…

Debt-Ceiling Talks Devolve Into Finger Pointing and Frustration

Share Listen (2 min) This post first appeared on wsj.com

Birth control pills recalled because they may have reduced effectiveness, FDA warns

The pharmaceutical company behind the birth control pill Tydemy is recalling two…