August 2022

Average gasoline prices in Arkansas have fallen 14.0 cents per gallon in the last week, averaging $3.43/g today, according to GasBuddy’s survey of 1,826 stations in Arkansas. Prices in Arkansas are 70.2 cents per gallon lower than a month ago and stand 57.7 cents per gallon higher than a year ago. The national average price of diesel has declined 14.8 cents in the last week and stands at $5.27 per gallon.

Washington – As near record-high inflation and surging gas prices squeeze companies and families’ budgets nationwide, U.S. Senator John Boozman (R-AR) is embarking on a regional tour to hear directly from community leaders, business owners, industry representatives and local Arkansans about the challenges they are experiencing in the current economic climate.

As teachers dust off desks, parents buy new school supplies and students prepare to head back to the classroom, the signs that a new school year is upon us are unmistakable. Yet I can attest that some young Arkansans were still learning over the summer break, developing new skills, and gaining vital experience to help shape their future through congressional internships.

Little Rock — Increasing temperatures lead to increasing utility bills for Arkansas business owners, something scam artists are using to their advantage when targeting individuals and local businesses. While utility companies accept multiple payment methods for the convenience of businesses and consumers, gift cards and crypto-currency, like Bitcoin, are not on the list.

After passing legislation to accelerate tax cuts and provide funding for school safety, the 93rd General Assembly adjourned from a special session on Thursday. In December of 2021, the General Assembly passed legislation outlining the largest tax cut in state history.

Today I’d like to talk about the excellent position our state is in to provide additional financial relief for Arkansans. In December, we cut nearly $500 million in taxes which was the largest tax cut in Arkansas history.

Little Rock – The legislature concluded a quick, three-day special session after approving income tax cuts that will save 1.6 million Arkansas taxpayers about $500 million. The tax savings will come mainly from moving up the effective date of previously adopted tax reductions.