Biden said he is considering a pause on the federal gas tax, which some lawmakers in his party have pushed as a way to reduce prices at the pump for Americans.
RELATED: Biden reassures as soaring inflation causes concern https://bit.ly/3n6HrLF

“Well, I hope I have a decision based on the data I’m looking for … by the end of the week,” Biden said Monday on vacation in Rehoboth Beach, Delaware.

The gas tax adds 18.4 cents total per gallon of gasoline – 18.3 cents in excise tax plus 0.1 cent in a storage fee. For diesel, it is 24.3 cents plus the 0.1 cent fee. The national average price for a gallon was $4.981 on Monday, according to AAA.

» Subscribe to USA TODAY: http://bit.ly/1xa3XAh
» Watch more on this and other topics from USA TODAY: https://bit.ly/3NVH7Li
» USA TODAY delivers current local and national news, sports, entertainment, finance, technology, and more through award-winning journalism, photos, videos and VR.

#gasprices #economy #joebiden #gastax