"Nothing I'm proposing tonight should increase our deficit by a single dime," Obama will say, according to advance excerpts of the speech provided by the White House, which offered no details of the proposals.
The White House has previously said the speech will include new initiatives in manufacturing, infrastructure, education and clean energy.
Obama will also build a portion of his speech around job creation proposals, saying the nation should ask itself three questions every day: "How do we attract more jobs to our shores? How do we equip our people with the skills needed to do those jobs? And how do we make sure that hard work leads to a decent living?"
More people dissaprove (49%) than approve (45%) of how President Obama is handling the economy
Marco Rubio will make his GOP rebuttal both in English and Spanish. Excerpts have been released:
“This opportunity – to make it to the middle class or beyond no matter where you start out in life – it isn’t bestowed on us from Washington. It comes from a vibrant free economy where people can risk their own money to open a business."
“Despite our differences, I know that both Republicans and Democrats love America. I pray we can come together to solve our problems, because the choices before us could not be more important. If we can get our economy healthy again, our children will be the most prosperous Americans ever. And if we do not, we will forever be known as the generation responsible for America’s decline.”