- President Biden wants to lower gas prices by declaring a 'gas tax holiday' for the next three months.
- He's urging Congress to approve the plan and "take this step to help American families".
- Under the proposal, a federal gas tax of 18 cents per gallon and 24 cents per gallon of diesel would be suspended until September.
- he average price for a gallon of gas in the U.S. is currently $4.95 per gallon.