President Donald Trump backs temporarily suspending the federal gas tax to ease high fuel prices, but experts say the relief for drivers would be modest. Congressional approval is needed, and the move could cost billions in government revenue.
Posts tagged as “Jet Fuel Costs”
Spirit Airlines may shut down as soon as Saturday after bailout talks stall. The Trump administration offered a $500 million aid package, but opposition from bondholders and officials has left the airline facing liquidation amid soaring fuel costs.