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Why cutting the federal gas tax might not help drivers much

President Joe Biden on Wednesday called on Congress to suspend the federal gasoline tax for three months to provide some financial relief for Americans. However, some experts say the gas tax "holiday" might not do much to lower prices. Here's why.

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Why cutting the federal gas tax might not help drivers much
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    Why cutting the federal gas tax might not help drivers much

    Why cutting the federal gas tax might not help drivers much

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    CBS News - By Irina Ivanova

    The gas tax, which hasn't been increased in nearly 30 years, today makes up just 4.4% of prices at the pump, according to the nonpartisan Congressional Research Service.

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