GOP Leaders Mull Gas Tax Suspension as Momentum Grows (2)

May 12, 2026, 6:30 PM UTCUpdated: May 12, 2026, 7:32 PM UTC

Speaker Mike Johnson called suspending the federal gas tax “an intriguing idea” but didn’t commit to a timeline as momentum builds in both chambers to take action.

“You have to look at any unintended consequences and evaluate all that, so I’m not yet ready to project it,” Johnson told Bloomberg Government on Tuesday. “But I certainly find it to be an intriguing idea.”

As midterm elections approach, US gas prices have surged to $4.50 a gallon this week, according to American Automobile Association data. Both Republicans and Democrats are pushing for a gas tax freeze.

President Donald Trump told ...

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