Detroit Evening Report, June 22, 2022: Biden seeks 3-month suspension of federal gas and diesel taxes
A gallon of gas at this Detroit gas station costs more than $5 a gallon on Monday, June 20, 2022.
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President Joe Biden is calling on Congress to suspend federal gasoline and diesel taxes for three months, however, it’s not clear if Biden has the votes to suspend the taxes. Many lawmakers in his own party have expressed reservations. Biden says he knows the move wouldn’t reduce “all the pain but it will be a big help.” If the gas tax savings were fully passed along to consumers, people would save 18 cents per gallon at the pump. Prices average about $5 a gallon nationwide. The average price for a gallon of gas today is $5.23 in Metro Detroit.
Other headlines for June 22, 2022:
- U.S. importing baby formula from Mexico to address shortage
- Detroit Free Press: Detroit Public Library will reopen several neighborhood branches in July
- City of Inkster to host an expungement clinic and community resource fair this weekend
- Detroit Land Contract Buyer Guide launches
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