Obama to lay out proposals - "a fair shake for all" - address economy in State of the Union

Obama to lay out proposals, address economy in State of the Union
From Jessica Yellin, CNN Chief White House Correspondent

updated 6:00 AM EST, Tue January 24, 2012

Washington (CNN) -- In his last State of the Union speech before the 2012 election, President Barack Obama will pitch a series of proposals and will address the topics of economic inequality and a government that should ensure "a fair shake for all."

A Democratic source briefed on the latest draft of the speech said Obama's proposals will include:

-- Tax reform so that wealthy Americans pay more and the Bush tax cuts of 2001 and 2003 expire

-- More refinancing for homeowners in trouble

-- Additional tax breaks for companies that bring back jobs to the United States

-- More clean energy incentives

-- Enhanced education and job-training initiatives, especially for high school graduates seeking technical degrees

-- Establishment of the so-called "Buffett Rule" that would set a minimum tax rate for people earning more than $1 million.

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http://www.cnn.com/2012/01/24/politics/state-of-the-union/index.html?hpt=hp_t1