Onl 4.3 cents of it Jack--fortunately there was GOP congress that didn't go for the 50 cent increase he and gore wanted.
However the Dems are beating same drum again on taxing gas--and no congress to save us this time.
++++++++++++++++++++++++++++++++
"Because of the thorny politics of raising taxes, the 18.4-cent-per-gallon federal gas levy hasn't changed since Oct. 1, 1993. And few policy experts expect a higher tax soon.
"We know the broad contours of some things that have to happen," said Douglas Holtz-Eakin, former director of the Congressional Budget Office who is now at the Council on Foreign Relations. "You have to price oil on a permanent basis to provide incentives to shift away from it. It's the key issue -- and the hardest one to make progress on."
Leon E. Panetta, a former congressman and President Bill Clinton's first budget director, sees things the same way.
"I don't think there's any question that as a matter of policy it makes a lot of sense to move in that direction," he said. "But politically it's a very high hurdle to get over."
Panetta knows from experience. When Clinton took office, Vice President Al Gore argued for a big gas-tax increase to promote conservation, and many administration members agreed, Panetta recalled. But, he said, "there were also those like Treasury Secretary [Lloyd] Bentsen who said, 'Are you out of your mind?' "
By the time Congress was done, what started out as a 50-cent-a-gallon proposal ended up as a 4.3-cent-a-gallon increase. Since then, just to keep up with inflation, the tax would have had to rise 6 cents, but it hasn't budged.