![Biden says he'll likely make decision on possible gas tax holiday by end of this week](https://assets2.cbsnewsstatic.com/hub/i/r/2022/06/20/8b136dea-131f-4bcc-bbb2-919e4cf432c6/thumbnail/1200x630/f2bad82e7047d115eb3283d16c7ddb32/download.jpg)
Biden says he'll likely make decision on possible gas tax holiday by end of this week
CBSN
President Biden said Monday he hopes to make a decision on whether he'll support a federal gas tax holiday by the end of this week, as soaring prices at the pump cramp American budgets heading into the summer months.
Mr. Biden speaking to reporters in Rehoboth Beach, Delaware, said he's "considering" whether to back temporarily removing the tax, which is 18.4 cents per gallon. According to AAA, the national average cost of gas is $4.98, registering its first weekly drop in more than two months amid declining oil prices and a dip in consumer demand. It hit an all-time peak of $5.02 a few days ago.
"Well, I hope I have a decision based on data I'm looking for by — by the end of the week," the president told reporters by the beach Monday.
![](/newspic/picid-6252001-20240617212231.jpg)
A fleet of Russian warships, including a nuclear-powered submarine, left Havana's port on Monday after a five-day visit to Cuba following planned military drills in the Atlantic Ocean. The exercise has been seen by some as a show of strength by Moscow against the backdrop of tensions as U.S. and other Western nations support Kyiv in Russia's war on Ukraine.
![](/newspic/picid-6252001-20240617190845.jpg)
Firefighters across California are working to extinguish blazes that broke out over the weekend and continued to grow on Monday, as the state contends with a mix of hot, dry weather and powerful, gusty winds. The Post Fire, burning near Gorman, northwest of Los Angeles, spread to more than 14,600 acres, while the Point Fire, in Sonoma, covered 1,190 acres.