NEW YORK, NEW YORK - JUNE 01: Gas prices are displayed at a Manhattan station on June 01, 2022 in New York City. Effective starting today, New York is suspending its gas tax for the rest of the year in an effort to ease the financial burden on drivers. New York has some of the highest gas prices in the nation. (Photo by Spencer Platt/Getty Images)

WASHINGTON (AP) — President Joe Biden is preparing to call on Congress to suspend the federal gasoline and diesel taxes for three months. It’s meant to ease financial pressures at the pump and as voters are concerned about gas prices and inflation in an election year. Administration officials say Biden wants to suspend the 18.4 cents-a-gallon tax on gas and 24.4 cents-a-gallon on diesel fuel. If the gas savings were fully passed along to consumers, people would save roughly 3.6% at the pump. Prices are averaging about $5 a gallon nationwide. Lawmakers in both parties have been skeptical of the idea. The Democratic president also wants states to suspend their own gas taxes or provide similar relief.