Most of the new spending would go to education and services for children.
From 1994 to 2000, the President says the growth of private spending would be cut in half.
The income tax is only 17% of total government spending.
That is the same level of spending as last year, though down from $25 million in 2000.
But health, education and social security together account for 61% of public spending.
They are also responsible for 80 % of the spending.
"Business is very worried about another hit of government spending."
For the past 40 years there was always a period of increased spending to make everything well again.
It's not enough just to say, get control of spending.
After six decades of such spending, the people are not happy.