High fuel prices exceeding $4.50 per gallon on average have intensified calls for a temporary suspension of the federal excise tax on gasoline and diesel, currently set at 18.4 cents and 24.4 cents per gallon respectively, amid the ongoing conflict with Iran. President Trump publicly endorsed a pause for a limited period on May 11, 2026, prompting swift introduction of legislation including Sen. Josh Hawley’s 90-day suspension bill with extension authority and parallel House measures, alongside earlier Democratic proposals extending relief through October. Passage requires congressional approval, with potential offsets to protect Highway Trust Fund revenue, while opposition from transportation groups highlights revenue shortfalls and limited consumer pass-through of savings estimated at around 80 percent. Key catalysts ahead include floor votes during the summer driving season and any executive signaling on extension timing.
Eksperimental na AI-generated summary na nire-reference ang Polymarket data. Hindi ito trading advice at wala itong papel sa kung paano nire-resolve ang market na ito. · Na-updateBAGO
Jun 30, 2026
June 30
18%
November 2
41%
$4,940 Vol.
June 30
$3,326 Vol.
18%
November 2
$1,614 Vol.
41%
On May 11, 2026, Trump proposed suspending the federal gas tax.
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.High fuel prices exceeding $4.50 per gallon on average have intensified calls for a temporary suspension of the federal excise tax on gasoline and diesel, currently set at 18.4 cents and 24.4 cents per gallon respectively, amid the ongoing conflict with Iran. President Trump publicly endorsed a pause for a limited period on May 11, 2026, prompting swift introduction of legislation including Sen. Josh Hawley’s 90-day suspension bill with extension authority and parallel House measures, alongside earlier Democratic proposals extending relief through October. Passage requires congressional approval, with potential offsets to protect Highway Trust Fund revenue, while opposition from transportation groups highlights revenue shortfalls and limited consumer pass-through of savings estimated at around 80 percent. Key catalysts ahead include floor votes during the summer driving season and any executive signaling on extension timing.
On May 11, 2026, Trump proposed suspending the federal gas tax.
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.
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.
Binuksan ang Market: May 12, 2026, 1:38 PM ET
Volume
$4,940Petsa ng Pagtatapos
Dec 31, 2026Binuksan ang Market
May 12, 2026, 1:38 PM ETResolver
0x65070BE91...On May 11, 2026, Trump proposed suspending the federal gas tax.
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.High fuel prices exceeding $4.50 per gallon on average have intensified calls for a temporary suspension of the federal excise tax on gasoline and diesel, currently set at 18.4 cents and 24.4 cents per gallon respectively, amid the ongoing conflict with Iran. President Trump publicly endorsed a pause for a limited period on May 11, 2026, prompting swift introduction of legislation including Sen. Josh Hawley’s 90-day suspension bill with extension authority and parallel House measures, alongside earlier Democratic proposals extending relief through October. Passage requires congressional approval, with potential offsets to protect Highway Trust Fund revenue, while opposition from transportation groups highlights revenue shortfalls and limited consumer pass-through of savings estimated at around 80 percent. Key catalysts ahead include floor votes during the summer driving season and any executive signaling on extension timing.
On May 11, 2026, Trump proposed suspending the federal gas tax.
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.
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.
Volume
$4,940Petsa ng Pagtatapos
Dec 31, 2026Binuksan ang Market
May 12, 2026, 1:38 PM ETResolver
0x65070BE91...High fuel prices exceeding $4.50 per gallon on average have intensified calls for a temporary suspension of the federal excise tax on gasoline and diesel, currently set at 18.4 cents and 24.4 cents per gallon respectively, amid the ongoing conflict with Iran. President Trump publicly endorsed a pause for a limited period on May 11, 2026, prompting swift introduction of legislation including Sen. Josh Hawley’s 90-day suspension bill with extension authority and parallel House measures, alongside earlier Democratic proposals extending relief through October. Passage requires congressional approval, with potential offsets to protect Highway Trust Fund revenue, while opposition from transportation groups highlights revenue shortfalls and limited consumer pass-through of savings estimated at around 80 percent. Key catalysts ahead include floor votes during the summer driving season and any executive signaling on extension timing.
Eksperimental na AI-generated summary na nire-reference ang Polymarket data. Hindi ito trading advice at wala itong papel sa kung paano nire-resolve ang market na ito. · Na-update
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