Rising fuel prices exceeding $4.50 per gallon on average in mid-May 2026, driven by U.S. and Israeli military actions against Iran and resulting supply disruptions since February, have prompted renewed calls to suspend the 18.4-cent federal excise tax on gasoline and 24.4-cent tax on diesel. President Trump publicly endorsed a temporary pause to ease costs for motorists, while Republican senators including Josh Hawley introduced legislation on May 11 for a 90-day suspension extendable by the president, and earlier Democratic proposals sought relief through October. Any suspension requires congressional passage and would reduce revenue for the Highway Trust Fund, with only modest direct savings expected at the pump after partial pass-through. State-level holidays in places like Georgia, Utah, and Indiana already provide precedent, though federal action remains uncertain amid broader fiscal and infrastructure funding considerations.
Polymarket ডেটা রেফারেন্স করে পরীক্ষামূলক AI-জেনারেটেড সারাংশ। এটি ট্রেডিং পরামর্শ নয় এবং এই মার্কেট কীভাবে রেজলভ হয় তাতে কোনো ভূমিকা রাখে না। · আপডেটেডJune 30
18%
November 2
40%
$4,940 Vol.
June 30
18%
November 2
40%
This market will resolve to "Yes" if legislation that would, at least temporarily, suspend the federal excise tax on gasoline is passed by both chambers of the U.S. Congress and signed into law by the specified date (ET). Otherwise, this market will resolve to "No".
Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire will not qualify.
The primary resolution sources for this market will be Congress.gov’s legislation tracker (https://www.congress.gov/bill/119th-congress/house-bill/22), the Library of Congress (congress.gov), and other official information from the government of the United States; however, a consensus of credible reporting may also be used.
মার্কেট ওপেন হয়েছে: May 12, 2026, 1:38 PM ET
Resolver
0x65070BE91...This market will resolve to "Yes" if legislation that would, at least temporarily, suspend the federal excise tax on gasoline is passed by both chambers of the U.S. Congress and signed into law by the specified date (ET). Otherwise, this market will resolve to "No".
Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire will not qualify.
The primary resolution sources for this market will be Congress.gov’s legislation tracker (https://www.congress.gov/bill/119th-congress/house-bill/22), the Library of Congress (congress.gov), and other official information from the government of the United States; however, a consensus of credible reporting may also be used.
Resolver
0x65070BE91...Rising fuel prices exceeding $4.50 per gallon on average in mid-May 2026, driven by U.S. and Israeli military actions against Iran and resulting supply disruptions since February, have prompted renewed calls to suspend the 18.4-cent federal excise tax on gasoline and 24.4-cent tax on diesel. President Trump publicly endorsed a temporary pause to ease costs for motorists, while Republican senators including Josh Hawley introduced legislation on May 11 for a 90-day suspension extendable by the president, and earlier Democratic proposals sought relief through October. Any suspension requires congressional passage and would reduce revenue for the Highway Trust Fund, with only modest direct savings expected at the pump after partial pass-through. State-level holidays in places like Georgia, Utah, and Indiana already provide precedent, though federal action remains uncertain amid broader fiscal and infrastructure funding considerations.
Polymarket ডেটা রেফারেন্স করে পরীক্ষামূলক AI-জেনারেটেড সারাংশ। এটি ট্রেডিং পরামর্শ নয় এবং এই মার্কেট কীভাবে রেজলভ হয় তাতে কোনো ভূমিকা রাখে না। · আপডেটেড
বাহ্যিক লিংক থেকে সাবধান।
বাহ্যিক লিংক থেকে সাবধান।
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