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Biden officials say recession isn't 'inevitable,' gas tax holiday remains a possibility

Yellen called a gas tax holiday "an idea that’s certainly worth considering." She said President Joe Biden is "ready to work with Congress" to bring costs down. Read More
Biden could decide on federal gas tax holiday by end of this week

Biden officials say recession isn't 'inevitable,' gas tax holiday remains a possibility Biden administration officials suggested Sunday that the administration could suspend the federal tax gas. Read More
A recession is ‘not inevitable,’ Biden administration officials say

Biden administration officials on Sunday backed the president’s position that a recession is “not inevitable” as some economists and investors warn a period of economic decline is looming. Read More
Biden wants a gas tax holiday. Here’s why Congress isn’t on board

Gas prices are too high. Almost everyone agrees on that. How to address it is another story entirely. President Joe Biden waded more forcefully into the debate on Wednesday, pitching a temporary ... Read More
Biden wants a gas tax holiday but that won't help much at the pump - NPR

Biden wants Congress to give people a break on the federal gas tax for the summer. But economists say that won't translate into big savings at the pump — and could hurt efforts to curb inflation. Read More
Catherine Rampell: Biden can convince us recession isn't 'inevitable' - Insurance News | InsuranceNewsNet

Recent surveys of economists, executives and U.S. consumers show mounting pessimism and growing expectations of recession in the next year or so. Inflation measures have come in much hotter than ... Read More
Biden says a ‘slight recession’ is possible but doesn’t anticipate it - The Hill

President Biden on Tuesday night said there is a possibility of a “slight recession” while reiterating that he doesn’t think there will be one at all in the U.S. “No,” Biden said when ... Read More
Biden officials say recession isn't 'inevitable,' gas tax holiday remains a possibility

Energy Secretary Jennifer Granholm says while a federal gas tax holiday would ease pump prices, it also takes funding from infrastructure projects. News Today's news ... Read More
President Biden wants a gas tax holiday. Here's why Congress isn't on board - WESH Channel 2

Here's what you need to know about the president's proposal and why it's likely to stay just that. Read More
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