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Oct 5, 2026 Federal Register publication formalized Executive Order 14435 deferring diesel fuel excise taxes through December 31, 2026 Tier 1 · Primary Economic Structure
Official publication of the tax-deferral order confirms an executive attempt to suspend federal revenue collection and explore permanent tax forgiveness without legislative approval.
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- Trump issues Executive Order 14435 deferring diesel fuel excise taxes through December 31, 2026 — President Trump signed Executive Order 14435 on October 5, 2026, directing the Secretary of the Treasury to defer diesel fuel excise tax payments and provide penalty relief for farmers, truckers, and related workers through December 31, 2026, citing restricted global diesel supply and rising prices. The order instructs the Treasury Secretary to determine eligibility under 26 U.S.C. 7508A, directs the IRS to waive penalties for dyed diesel fuel use on highways, and tasks the Secretaries of Agriculture and Transportation with facilitating implementation. The order also directs the Treasury to explore legislative avenues for permanent tax forgiveness of deferred amounts.
Verified: Tier 1 primary record
Week 90 – 2026-10-03–2026-10-09
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