President Clinton's Interactive State of the Union

Information on the President’s proposal to

EXPAND TAX BREAKS FOR SAVINGS, CHILD CARE, FAMILY, AND PHILANTHROPY

In his State of the Union Address, the President announced four major elements of his Targeted Tax Cut Package aimed at promoting savings, child care, family and philanthropy. These targeted tax cuts are part of an overall budget plan that maintains our fiscal discipline, makes investments in key priorities, strengthens Social Security and Medicare, and pays down the debt by the year 2013.