Will Congress suspend the federal gas tax before the end of May? You break it you own it, as they say!
60% of users predicted NO — the community got this one right. 38 predictions cast.
Congress did not suspend the federal gas tax before the end of May 2026. Multiple bills were introduced in both chambers — including the Gas Prices Relief Act (S. 4032) and the Gas Tax Suspension Act (S. 4485) — but neither bill advanced to a floor vote. Gasoline prices had risen sharply since the United States launched military operations against Iran in February 2026, prompting President Trump and several lawmakers to float a suspension of the 18.4-cents-per-gallon federal excise tax as consumer relief.
The Bipartisan Policy Center estimated a suspension from May through September would reduce Highway Trust Fund revenue by roughly $17 billion. Analysts also projected that consumers would see only 10 to 16 cents per gallon in actual savings, less than the full tax amount, due to market pass-through dynamics. Those fiscal concerns, combined with competing legislative priorities in the reconciliation package moving through Congress, prevented the proposal from reaching a floor vote before the May 31 deadline.
The community correctly read the legislative dynamics, with 60 percent voting NO.