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Excerpts from Obama’s State of the Union address

Excerpts from President Obama’s address:

“Together, we have cleared away the rubble of crisis, and can say with renewed confidence that the state of our union is stronger.

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“But we gather here knowing that there are millions of Americans whose hard work and dedication have not yet been rewarded. . . . It is our generation’s task, then, to reignite the true engine of America’s economic growth — a rising, thriving middle class . . . A growing economy that creates good, middle-class jobs.

“Yes, the biggest driver of our long-term debt is the rising cost of health care for an aging population. And those of us who care deeply about programs like Medicare must embrace the need for modest reforms — otherwise, our retirement programs will crowd out the investments we need for our children, and jeopardize the promise of a secure retirement for future generations.

“The American people deserve a tax code that helps small businesses spend less time filling out complicated forms, and more time expanding and hiring; a tax code that ensures billionaires with high-powered accountants can’t pay a lower rate than their hard-working secretaries; a tax code that lowers incentives to move jobs overseas, and lowers tax rates for businesses and manufacturers that create jobs right here in America.

“The greatest nation on Earth cannot keep conducting its business by drifting from one manufactured crisis to the next. Let’s agree, right here, right now, to keep the people’s government open, pay our bills on time, and always uphold the full faith and credit of the United States of America.

“For the sake of our children and our future, we must do more to combat climate change . . . the fact is, the 12 hottest years on record have all come in the last 15. Heat waves, droughts, wildfires, and floods — all are now more frequent and intense. We can choose to believe that Superstorm Sandy, and the most severe drought in decades, and the worst wildfires some states have ever seen were all just a freak coincidence. Or we can choose to believe in the overwhelming judgment of science — and act before it’s too late.

“I propose a ‘Fix-It-First’ program to put people to work as soon as possible on our most urgent repairs, like the nearly 70,000 structurally deficient bridges across the country. . . . I’m also proposing a Partnership to Rebuild America that attracts private capital to upgrade what our businesses need most: modern ports to move our goods; modern pipelines to withstand a storm; modern schools worthy of our children.

“I ask Congress to change the Higher Education Act, so that affordability and value are included in determining which colleges receive certain types of federal aid.

“Tonight, let’s declare that in the wealthiest nation on Earth, no one who works full time should have to live in poverty, and raise the federal minimum wage to $9.00 an hour.

“It has been two months since Newtown. I know this is not the first time this country has debated how to reduce gun violence. But this time is different. Overwhelming majorities of Americans — Americans who believe in the Second Amendment — have come together around common-sense reform — like background checks that will make it harder for criminals to get their hands on a gun.”

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