Rising gasoline prices, driven by U.S. and Israeli operations against Iran since February 2026 and related supply disruptions, prompted multiple congressional proposals in May 2026 to suspend the 18.4-cent federal excise tax. Bipartisan bills, including Democratic measures for suspension through October 1 and Republican legislation offering a 90-day pause with presidential extension authority, gained public support from President Trump. No bill has advanced beyond introduction and committee referral. The Highway Trust Fund revenue loss, estimated at $11–17 billion for a multi-month holiday, and the absence of any federal suspension since 1956 remain central barriers. Trader consensus on timing reflects ongoing legislative gridlock and the need for floor votes or executive action before midterms.
Riepilogo sperimentale generato dall'AI con riferimento ai dati di Polymarket. Questo non è un consiglio di trading e non ha alcun ruolo nella risoluzione di questo mercato. · Aggiornato$31,988 Vol.
November 2
20%
$31,988 Vol.
November 2
20%
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.
Mercato aperto: 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 gasoline prices, driven by U.S. and Israeli operations against Iran since February 2026 and related supply disruptions, prompted multiple congressional proposals in May 2026 to suspend the 18.4-cent federal excise tax. Bipartisan bills, including Democratic measures for suspension through October 1 and Republican legislation offering a 90-day pause with presidential extension authority, gained public support from President Trump. No bill has advanced beyond introduction and committee referral. The Highway Trust Fund revenue loss, estimated at $11–17 billion for a multi-month holiday, and the absence of any federal suspension since 1956 remain central barriers. Trader consensus on timing reflects ongoing legislative gridlock and the need for floor votes or executive action before midterms.
Riepilogo sperimentale generato dall'AI con riferimento ai dati di Polymarket. Questo non è un consiglio di trading e non ha alcun ruolo nella risoluzione di questo mercato. · Aggiornato



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