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  • Hi, everybody.

  • At a moment when our economy is growing, our businesses are creating jobs at the fastest pace since the 1990s,

  • and wages are starting to rise again, we have to make some choices about the kind of country we want to be.

  • Will we accept an economy where only a few of us do spectacularly well?

  • Or will we build an economy where everyone who works hard has a chance to get ahead?

  • That was the focus of my State of the Union Address - middle-class economics.

  • The idea that this country does best when everyone gets their fair shot, everyone does their fair share, and everyone plays by the same set of rules.

  • This week, I will send a budget to Congress that's built on those values.

  • We'll help working families' paychecks go farther by treating things like paid leave and child care like the economic priorities that they are.

  • We'll offer Americans of every age the chance to upgrade their skills so they can earn higher wages,

  • with plans like making two years of community college free for every responsible student.

  • And we'll keep building the world's most attractive economy for high-wage jobs, with new investments in research, infrastructure,

  • manufacturing, and expanded access to faster internet and new markets.

  • We can afford to make these investments.

  • Since I took office, we've cut our deficits by about two thirds - the fastest sustained deficit reduction since just after the end of World War II.

  • We just have to be smarter about how we pay for our priorities, and that's what my budget does.

  • It proposes getting rid of special interest loopholes in our tax code, and using those savings to cut taxes for middle-class families and reward businesses that invest in America.

  • It refuses to play politics with our homeland security, and funds our national security priorities at home and abroad.

  • And it undoes the arbitrary, across-the-board budget cuts known as "the sequester" for our domestic priorities,

  • and matches those investments dollar-for-dollar in resources our troops need to get the job done.

  • Now, I know there are Republicans in Congress who disagree with my approach.

  • Like I said in my State of the Union, if they have ideas that will help middle-class families feel some economic security, I'm all in to work with them.

  • But I will keep doing everything I can to help more working families make ends meet and get ahead.

  • Not just because we want everyone to share in America's success, but because we want everyone to contribute to America's success.

  • That's the way the middle class thrived in the last century, and that's how it will thrive again.

  • Thanks everybody, and have a great weekend.

Hi, everybody.

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