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President Says Decision on Pause on Federal Gasoline Tax Could Come by End of Week

The U.S. is struggling to tackle soaring gasoline prices

U.S. President Joe Biden said on Monday that a decision on whether to pause a federal gasoline tax could come by the end of this week, as the United States struggles to tackle soaring gasoline prices and inflation, now at its highest in 40 years.

Speaking a day after Energy Secretary Jennifer Granholm said the president was evaluating pausing the tax temporarily, Biden told reporters: "Yes, I am considering it. I hope I have a decision based on data I am looking for by the end of the week."

Granholm told CNN on Sunday the president was evaluating a pause on federal gas tax to bring down prices, adding that such a move was "not off the table."

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