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 “the Bipartisan Policy Center”
The U.S. Treasury Department has warned that the government could run out of money to meet all its obligations as soon as June 1 due to House Republicans' efforts. Secretary Janet Yellen says the workarounds to keep the government paying its bills will be exhausted in the coming week, and the Bipartisan Policy Center warns that Social Security recipients, seniors and people with disabilities will likely be the first groups affected. Congress must act quickly to avoid a potential financial crisis and ensure the government can meet its obligations.