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Proposed federal gas tax holiday may not save drivers much at the pump (Video)

President Biden's proposed federal gas tax holiday could lower prices at the pump by as much as 18 cents per gallon, but that's not a guarantee. Katia Dmitrieva, an economics reporter for Bloomberg News, joined CBS News to discuss the proposal.

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Proposed federal gas tax holiday may not save drivers much at the pump (Video)

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Proposed federal gas tax holiday may not save drivers much at the pump (Video)

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Proposed federal gas tax holiday may not save drivers much at the pump (Video)
Title
Proposed federal gas tax holiday may not save drivers much at the pump (Video)
Description

President Biden's proposed federal gas tax holiday could lower prices at the pump by as much as 18 cents per gallon, but that's not a guarantee. Katia Dmitrieva, an economics reporter for Bloomberg News, joined CBS News to discuss the proposal. CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on CBSNews.com and Paramount+. Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews Watch CBS News: https://cbsn.ws/1PlLpZ7c Download the CBS News app: https://cbsn.ws/1Xb1WC8 Follow CBS News on Instagram: https://www.instagram.com/cbsnews/ Like CBS News on Facebook: https://facebook.com/cbsnews Follow CBS News on Twitter: https://twitter.com/cbsnews Subscribe to our newsletters: https://cbsn.ws/1RqHw7T Try Paramount+ free: https://bit.ly/2OiW1kZ For video licensing inquiries, contact: licensing@veritone.com