Here's where drivers are seeing the biggest breaks on gas prices
CBSN
Gas prices remain near record highs, dinging wallets and budgets across the nation. But there are a few locations where drivers are getting some breaks and seeing prices fall — largely due to lawmakers who have suspended gas taxes in their states.
The relief has been almost immediate in Maryland and Georgia, the two states that so far have enacted the tax cuts. A third state, Connecticut, has also passed a law that suspends its gas tax, but that doesn't go into effect into early April.
More states may soon pass additional measures to cut or suspend gas taxes, with proposals currently in states including Ohio and West Virginia. It's an issue that's picking up steam given that the national average gas price remains above $4 a gallon. But consequences of a tax break might actually feed the problem, given that lower gas prices result in higher demand for gas — which then can push prices up even higher, experts say.
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During his Tuesday night address to Congress, President Trump acknowledged his barrage of tariffs might cause "a little disturbance." But with the stock market tumbling this week in reaction to his import duties, workers with 401(k) plans may wonder about how much that disturbance could affect their retirement savings.
During his Tuesday night address to Congress, President Trump acknowledged his barrage of tariffs might cause "a little disturbance." But with the stock market tumbling this week in reaction to his import duties, workers with 401(k) plans may wonder about how much that disturbance could affect their retirement savings.