Obama speech sets stage for looming policy fights

WASHINGTON (AP) - President Barack Obama has prepared a second inaugural address that broadly lays out his vision for the country's future while leaving the details of the policy fights over taxes, guns, immigration and other divisive issues for another day.

White House aides say the president will not make a policy speech today after taking his oath of office on the Capitol's west front. Rather, the president plans to use the moment as it traditionally has been used in most of the 56 previous inaugurations - to talk about American values.

White House advisers see the inaugural speech as the opening opportunity to discuss Obama's second-term agenda, but in broad terms. They say he will talk policy specifics at the State of the Union address Feb. 12.

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