Obama committed to "always take care of our troops, veterans and military families as well as they've taken care of us."
The Obama administration this year announced an initiative to push private-sector firms to hire at least 100,000 veterans by the end of 2013. Obama also included in his jobs legislation a component offering tax incentives for businesses that hire unemployed veterans.
He also made note of the conclusion of the wars in Iraq and Afghanistan.
The president announced in October that all U.S. troops in Iraq will be home in time for the Christmas holiday.