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Federal gas tax holiday proposed by Democrats ahead of midterm elections

Oil Prices
FILE – In this Jan. 22, 2010 file photo, Michael Lerner pumps gas into his car at the Speedway gas station in Cleveland Hts., Ohio. Motorists are paying the highest prices for gas since October 2008. Retail gasoline prices on Thursday, March 18, 2010 rose on an expected increase in demand and as more expensive spring and summer blends of gasoline make their way to the pumps. (AP Photo/Amy Sancetta, File)

After Florida Governor Ron DeSantis proposed a $1 billion gas tax holiday to help drivers at the pump, two Democratic Senators up for re-election are proposing a federal gas tax holiday for the rest of the year ahead of midterms.

Two Senate Democrats up for reelection proposed a bill on Wednesday to temporarily suspend the federal gas tax through the end of 2022 due to surging oil prices.

The Gas Prices Relief Act from Sens. Maggie Hassan, D-N.H., and Mark Kelly, D-Ariz., would suspend the $18.4 cents per gallon federal gas tax through Jan. 1, 2023, according to a summary of the proposal.

The senators, who are both on the ballot in November, released the proposal at a time when gas is roughly $3.45 a gallon nationwide, about $1 more expensive than a year ago, according to AAA.