Federal Gas Tax SuspendedNovember 2
Open$25Kas of
Odds now
The market prices a 1% chance that this market resolves YES, as of .
YES1¢
NO99¢
as of
What moved the odds?
4 AI-matched news signals on this market, newest first. Entry price is the called side when the news hit; the signed return marks it against the live price as of .
Government eliminates federal taxes on gasoline for one month.
A reminder that congress would have to approve a suspension of the federal gas tax. House and Senate are out until after the election. • • The House leadership thought about doing it before they left, but there was internal dissent.
Federal government will extend gas tax holiday into 2027, sources say
Yet... Trump and Congressional talk about a temporary "gas tax holiday" imploded
Where does the news lean?
9YES2NO14neutraltrailing 24h
Average match confidence across the listed signals: 95%.
What would make this resolve YES?
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.
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