On August 10, 1993, President Clinton signed a budget bill that included the first gas tax increase in five years. For millions of American drivers, this meant a few extra cents per gallon at the pump—a small but real change in the weekly household budget.
The Oval Office is quiet except for the scratch of the pen. Aides and advisors stand nearby as Clinton leans over the desk, his signature flowing across the page. Outside, Americans are about to pay more to fill their tanks. It's a decision that will touch nearly every family's wallet.
Reflect
When prices go up on something you use every day, how do you adjust your habits or budget?