Trump pledges to suspend federal gas tax: Here’s how much you could save

"As soon as this is over with Iran, you are going to see gasoline and oil drop like a rock.”

Trump pledges to suspend federal gas tax: Here’s how much you could save

**PUMP REVOLUTION: TRUMP VOWS TO NUKE THE FEDERAL GAS TAX—HERE’S THE TRUTH ABOUT YOUR WALLET’S NEW BEST FRIEND** President Donald Trump just dropped a massive flex on the federal government, signaling he’s ready to put the federal gas tax on ice. The goal? Giving Americans a much-needed breather as prices at the pump continue to move like a rocket ship. During a high-stakes White House event on Monday, the President didn't stutter, telling reporters he wants that federal tax suspended “until it’s appropriate.” “It’s a small percentage” of the total cost, Trump admitted, but he knows the vibes: “It’s still money.” Let’s look at the scoreboard: The federal tax currently sits at 18.4 cents per gallon for gasoline and a heavier 24.4 cents for diesel. That doesn’t even count the state taxes, which are often the real villains in this story. According to reports surfaced by **205focus.com**, this tax is a massive cash cow, raking in over $23 billion annually to fund federal highways and transit. But with AAA reporting the national average gas price sitting at a nauseating $4.52 a gallon as of Monday, the pressure is on. The Trump administration is already doing the most to keep things from spiraling. They’ve tapped into the U.S. Strategic Petroleum Reserve, dumping millions of barrels into the system, and temporarily eased up on sanctions for Russian and Iranian oil already hitting the high seas. Meanwhile, U.S. officials are playing 4D chess, trying to build a coalition to police the Strait of Hormuz—the literal jugular of the global oil trade. **THE CONGRESSIONAL CLUTCH** Here is the "Big If": Trump can’t just snap his fingers and make the tax vanish. He needs Congress to stop the cap and actually pass the legislation. The good news? A bipartisan squad is already warming up on the sidelines. Republican Sen. Josh Hawley (Missouri) took to social media Monday to announce he’s introducing a bill to kill the tax. He’s joined by Rep. Anna Paulina Luna (R-Fla.), who posted on X that she’s ready to drop a bill to "suspend the federal gas tax in light of Trump’s recent remarks." But don’t think the GOP is the only one playing offense. Democrats have been eyeing this move for a minute. Sens. Richard Blumenthal (Connecticut) and Mark Kelly (Arizona) have a bill on the table to freeze the tax through October 1. Of course, the political trash-talk is at an all-time high. Blumenthal didn’t hold back, claiming, “Trump’s war of choice with Iran is driving up gas prices... Americans shouldn’t have to bear the additional economic burden of Trump’s reckless decision-making.” **THE STATE-LEVEL PLAYBOOK** While D.C. bickers, the states are already making moves. Indiana and Georgia have officially hit the pause button on their state gas taxes to give drivers a win. Kentucky and Utah have opted for a "diet" version, reducing their taxes instead of a full suspension. Other states are currently in the locker room, deciding if they want to join the fray. The stakes? Massive. With midterm elections looming, Republicans are sweating that high fuel prices could be a total game-changer at the polls. Trump has previously argued that the price hike is a necessary hit to keep Iran from going nuclear, but for the average American trying to fill a tank, the only thing that matters is the bottom line. *Reporting from the Associated Press was utilized in this high-energy breakdown.*