Obama’s Defiant Speech

Published January 21, 2015 3:16am ET



President Obama talked about spending a lot of money tonight — on preschool care, community college, new infrastructure, and a variety of tax preferences for middle- and lower-income earners. All financed by new taxes, primarily on the wealthy.

Put simply, in the face of the most Republican Congress since the 1920s, President Obama has offered a defiantly liberal agenda. It has precisely zero chance of passage.

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