President Joe Biden said Monday that he is seriously considering a temporary halt in the federal gas tax as the White House looks to take steps to lower the cost at the pump ahead of the July 4 holiday.

White House officials say the July 4 weekend, when tens of millions of Americans are expected to hit the road, is a target for announcing new measures to help lower record-high gas prices.

Biden said Monday that he could make a decision on pausing the federal gas tax by the end of this week. “I hope I have a decision based on data,” he told reporters traveling with him in Rehoboth, Del.

A gas tax holiday would require congressional action and one White House official acknowledged it would be challenging. “Republicans don’t want gas prices to come down,” the official said. “They want Biden to suffer.”

The official pointed to a comment made by Sen. Rick Scott, R-Fla., to the Wall Street Journal last November saying rising gas prices and inflation are “a gold mine for us.”