Reporter Asks John Thune: Would You Support A Temporary Suspension Of The Gas Tax?

Hinzugefügt: 2026-05-16

[00:00:00]Are you supportive of the gas tax holiday?

[00:00:02]>> Am I?

[00:00:03]>> Are you supportive of it?

[00:00:04]>> Well, I'm listening. I mean, I think right now um you you probably know I've not in the past been a huge fan of previous attempts, although when this was tried during the Biden administration, uh gas prices were going up largely in response to the Biden energy policies. Uh this obviously is a very different set of circumstances, but um if the president wants to make that case, I think we're all willing to hear it. We've had uh some of our colleagues who've come out in support of, you know, repealing or at least temporarily repealing the gas tax, but obviously that has implications for the highway trust fund. And um so those are things you have to take into consideration as well. And the question of course I always ask is if you did, it's 18.4 cents I think is the federal gas tax. uh if you lifted that, does that ultimately get passed on to the consumer, to the customer, the to the buyer out there, or does it get sucked up in the supply chain somewhere? So, I think those are all fair questions to ask, but it's a conversation that u I think we're we're willing to have, and I'm certainly willing, and I think most of our colleagues are, to hear uh the president's arguments if that's a uh case he wants to make to Congress. Thank you all.