President Obama will use his State of the Union address Tuesday night to call for economic equality based on “responsibility from everybody” to create a sound economy "built to last."
Seeking to expand his message of populism and his call for the wealthy to pay higher taxes, Obama will portray economic equality as a return to American values and the “defining issue of our time.”
"Let's never forget: Million of Americans who work hard and play by the rules every day, deserve a government and a financial system that does the same," Obama is expected to say, according to excerpts from his prepared remarks. "It's time to apply the same rules from top to bottom: no bailouts, no handouts, and no cop-outs.
A seemingly combative president will also issue a stern warning to Congress: that he will go it alone if they refuse to act.
"As long as I'm president, I will work with anyone in this chamber to build on this momentum," Obama is expected to say. "But I intend to fight obstruction with action, and I will oppose any effort to return to the very same policies that brought on this economic crisis."
—This story was updated at 6:51 p.m.