Paul Ryan says Obama rhetoric does not meet substance

"The rhetoric just doesn't quite meet the substance, and that's our concern," Republican Rep. Paul Ryan of Wisconsin said on CBS This Morning.

Mr. Obama plans to lay out his vision for the country in the remarks, which amount to major campaign speech for the president seeking another four years in power.

Ryan said Mr. Obama would lay out promises of what he hopes to do because "I don't think the president can run on his record, it's not good."

Mr. Obama has described his upcoming remarks as a "bookend" to thespeech he gave in December in Kansas in which he outlined his philosophy of how to reduce persistent unemployment and said now is a "make or break" moment for the middle class.

"I'm going to lay out a blueprint for an American economy that's built to last," Mr. Obama said in a video email Saturday to campaign supporters.

He said the economic recovery is built on four pillars that will be key for his administration to focus: manufacturing, engineering, worker skills and American values.

"And that's rebuilding an economy where hard work pays off and responsibility is rewarded - and an America where everybody gets a fair shot, everyone does their fair share, and everybody plays by the same set of rules," Mr. Obama added in the preview.

Ryan said the speech is just talk.

"It's going to be a very political speech. We've heard the same kind of rhetoric before and look at the kind of results we're getting," Ryan said.