Nightly News   |  January 25, 2012

Obama embarks on battleground state tour

President Barack Obama shared his economic policy in Cedar Rapids, Iowa, Wednesday. He will visit four more states, including Nevada and Michigan, before returning to Washington. NBC’s Kristen Welker reports.

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>>> speech last night, the president took his case for re-election on the road today. at the same time in florida, the republicans fighting for the chance to run against him face some tough push back about things they have said. we have two reports on it all tonight. againing with kristen welker traveling with the president in arizona tonight. good evening.

>> reporter: good evening, brian. president obama just started speaking at a computer plant chip here in arizona . it's one of five battleground states he'll visit this week as he targets key voters and tries to draw sharp contrast with his republican rivals. trying to harness the momentum from last night, president obama hit the road this morning. first stop, cedar rapids , iowa.

>> we've got to make choices. do we want to keep investing in everything that's important to our long-term growth or do we keep these tax cuts for folks who don't need them and weren't asking for them?

>> reporter: the president struck the same populous tone during the state of the union address , a message he hopes will carry him to re-election.

>> we can restore an economy where everyone gets a fair shot and everyone does their fair share and everyone plays by the same set of rules.

>> reporter: mr. obama also kicked off what he said are his main accomplishments, taking out bin laden , boosting manufacturing, and helping to get the auto industry back on track.

>> the state of our union is getting stronger. i want to speak about how we move forward, and lay out a blueprint for an economy that's built to last.

>> reporter: key to that blueprint, mr. obama's proposed 30% minimum tax rate on millionaires and billionaires, the so-called buffet rule named after billionaire investor warren buffett who famously said his secretary who attended the address shouldn't pay a higher tax rate than he does.

>> asking a billionaire to pay at least as much as his secretary -- that's just common sense.

>> reporter: the theme sure to be repeated as the president launches his bid for re-election. kristen welker, nbc news, chandler, arizona .