Word: thats
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Dates: during 1970-1979
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A big gasoline tax would be about the nation's strongest weapon, short of rationing. Under a timid law passed in October, rationing cannot be imposed until either Congress approves it or the President is able to declare that the nation faces an immediate threat of a 20% oil...
Compounding the sense of drift, Energy Secretary Charles Duncan made public a confusing state-by-state conservation plan that calls for holding 1980 gasoline consumption to about 7 million bbl. per day, just about where economists expect it to be anyway. In an embarrassingly typical DOE bungle, the targets set...
In November, Carter instructed Budget Boss James McIntyre to draw up a detailed plan for a tax that might work. McIntyre's proposal was sent for consideration and amendment last week to the White House's economic policy group, which includes Treasury Secretary G. William Miller, Vice President...
The five-man group favored a high tax but could not agree on the particulars. So each member sent a separate proposal to Carter. The differences revolve around the size and timing of the tax and how to distribute the projected $50 billion in revenues that it would collect. One...
Even as Carter was telling 100 Congressmen at a White House buffet dinner last week that the idea of a stiff gasoline tax "is looking better and better," legislators were beginning to snipe at the idea. Said powerful Democratic Congressman Charles Vanik of Ohio: "Are you crazy? Fifty cents is...