The Disparate State Impacts and Enormous Cost of a Gas Tax Holiday
Legislative interest in suspending the federal gas tax in response to high fuel prices gained support recently when President Trump told a reporter, “I think it’s a great idea.”
Legislative interest in suspending the federal gas tax in response to high fuel prices gained support recently when President Trump told a reporter, “I think it’s a great idea.”
Alex Brill moderated a discussion of how US legislators can develop successful fiscal policy, featuring Carolyn Bourdeaux and Rob Portman. This conversation was a part of the Portman Center’s 2026 Symposium “Securing Our Fiscal Future: Developing Solutions to Tackle America’s Debt and Deficit.”
Senator Cory Booker (D-NJ) recently proposed a bold tax plan that includes drastically increasing the standard deduction from $16,100 to $37,500 for single filers ($32,200 to $75,000 for married couples filing jointly).
On March 5, Speaker Ryan moderated a panel on tax policy with AEI’s Alex Brill and Kyle Pomerleau.
The individual provisions of the Tax Cuts and Jobs Act (TCJA) are set to expire at the end of 2025. The Republican-controlled Congress intends to extend these tax cuts but some Republican lawmakers are demanding changes.