Supply Chain

Basic groceries such as bread, meat, cereal and produce are already tax-exempt. The budget bill would extend the exemption to snacks, soft drinks and prepared meals such as rotisserie chickens in grocery and convenience stores.

As the conflict in the Middle East drags on and the global oil supply dwindles, the price of gas continues to hover near historic highs, with no sign of dropping before the travel-heavy summer season kicks off in earnest — or even before it winds down.