Biden weighs a gas tax holiday. How much would consumers really save?

President Joe Biden said  he is facing pressure to act to legislate

the weekend to implement a state petrol tax holiday on Monday

This move will impose a federal tax of 18.4 cents per gallon for gasoline

diesel as fuel prices exceed $ 5 per gallon in many states.

Although it may provide  short-term relief, the directive has many critics.

the state's petrol tax suspension could boost post-holiday inflation

a small portion of the historic rise in overall  gas prices.

Democrats introduced a gasoline tax exemption in a tough election in November.

The Senate Republicans have criticized the move as a desperate stunt