Obama to Focus on U.S. Competitiveness, Jobs, Deficit

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President Barack Obama said tomorrow’s State of the Union address will focus on cutting the deficit, reducing unemployment and ensuring the U.S. can compete with economic rivals.

In a video to supporters that previews the nationally televised Jan. 25 speech, Obama said the economy is growing, corporate profits are rising and more than 1 million jobs have been created in the past year.