Trump Proposes Suspending Federal Gas Tax Until Iran Conflict Ends

Cover image from nypost.com, which was analyzed for this article
The president floated suspending the federal gas tax to ease consumer costs amid rising inflation and global uncertainty. The idea received mixed coverage across political lines with business outlets examining fiscal implications.
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Sunday, May 17, 2026 — Business
Trump’s call for a temporary federal gas-tax suspension highlights a live policy tension between immediate consumer relief and dedicated infrastructure funding. California’s higher state taxes and past ballot disputes illustrate how the same trade-offs play out at the state level. Readers should weigh whether any suspension would reach drivers or simply shift costs elsewhere.
What outlets missed
Most coverage omitted that federal gas-tax revenue flows into the Highway Trust Fund under formulas set by Congress, creating a direct link between any suspension and future road spending. Few outlets examined whether past temporary suspensions in other countries reached consumers or were absorbed by refiners. The statutory dedication of California’s SB 1 revenues to listed projects was rarely quantified, leaving readers without a clear picture of the scale of potential offsets required.
Tina Fey Emerges as Leading Candidate to Succeed Lorne Michaels at SNL Helm
Tina Fey’s recent appearance hosting the premiere of Saturday Night Live’s UK edition has fueled renewed speculation that she could soon step into the top job at the flagship American show. The longtime SNL alum and former head writer has long been viewed by many inside and outside the production as a natural successor to creator Lorne Michaels, whose retirement has been rumored for years. In a moment when the show continues to navigate shifting cultural expectations and a changing late-night landscape, Fey’s track record offers a compelling case for continuity with fresh perspective.
During the March launch of the British version, Fey leaned into her institutional knowledge rather than star power. She opened the broadcast by acknowledging she was there largely because established British talent had declined the role. “None of you fuckers would do it,” she joked, positioning herself as a veteran employee helping launch a new venture. Throughout the episode she appeared in sketches and pretapes but deliberately stayed in the background to spotlight the new cast, a move that echoed her behind-the-camera instincts from her time running the writers’ room in the early 2000s.
That low-key approach has become characteristic of Fey’s post-SNL career. After leaving the cast in 2006 she created and starred in 30 Rock, a show that satirized network television while earning critical acclaim and multiple Emmys. She later wrote and produced Mean Girls and co-created the Netflix series Unbreakable Kimmy Schmidt. These projects demonstrate an ability to manage large ensembles, balance commercial expectations with sharp writing, and maintain a distinct comedic voice across different formats. Observers inside comedy circles have long argued that such experience translates directly to running SNL, where the weekly pressure to generate timely sketches requires both creative oversight and logistical command.
The timing of renewed interest in Fey coincides with Michaels’ advancing age and repeated hints that he may step back. Michaels has led the program since its debut in 1975, shaping its tone through multiple eras and multiple hosts. While he has occasionally pushed back against retirement speculation, industry insiders note that planning for succession has quietly accelerated in recent seasons. Several former cast members and writers have been floated as possibilities, yet few combine Fey’s combination of on-camera recognition, managerial experience, and institutional loyalty.
Critics of the current SNL regime often point to inconsistent quality and a perceived reluctance to confront certain political topics with the same edge the show displayed in earlier decades. A Fey-led version could address some of those concerns by drawing on her proven willingness to lampoon power across the spectrum, as seen in her Sarah Palin impressions during the 2008 election cycle. At the same time, her corporate-friendly projects have drawn accusations from some progressive voices that she softens satire to protect relationships with networks and studios. Whether that tension would improve or constrain the show remains an open question.
Fey has repeatedly said she is not actively campaigning for the job, yet her continued involvement with SNL-related projects suggests she remains invested in its future. The UK hosting gig functioned less like a one-off celebrity appearance and more like a dry run for greater responsibility. If Michaels does announce his departure in the coming months, the decision will test whether NBCUniversal values proven institutional knowledge over bringing in an outsider to refresh the brand.
For now, the speculation itself underscores how few figures possess both the stature and the skill set to lead the show. Tina Fey has spent decades preparing for exactly this kind of role, and recent events suggest the moment may finally be approaching.
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