Lott Offers Bill To Suspend Federal Tax On Aviation Fuel

Senate Majority Leader Trent Lott (R-Miss.), along with six co-sponsors, has introduced a bill that would suspend the 4.3-cents-per-gallon federal tax on aviation fuel if the price of regular unleaded gasoline rises above $2 per gallon in the coming months. Sen. Olympia Snowe (R-Maine), a member of...

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