Even before the President officially announced his plan to cut taxes for business and develop an investment bank for infrastructure projects, Republican House Minority Leader John Boehner had already scoffed at the proposal.

President Obama unveiled his new proposal for infrastructure spending and business tax breaks while hammering the Republicans for being the party of no.  In a politically charged speech meant to inspire, the President laid out a new three part plan meant to invest in transportation projects across the country through the creation of an investment bank, an additional tax break for companies investing in research within the U.S., and an extension of a tax cut for businesses that simply invest in themselves within the U.S.

The President took Boehner's challenge and unloaded on him and the Republican party this afternoon in Parma, Ohio.  He lamented the shrinking middle class and expressed his desire to extend the Bush tax cuts on them permanently, but stood steadfast against the idea of permanently extending the Bush tax cuts on those making over $250,000 a year.  There were elements from his past speeches when he was campaigning for his current job, as he built up the dichotomy between the two parties amid a call for patience to let his administrations policy come to fruition.

Watch the President's comments below (note: the first few minutes of the speech are missing because the computer decided to take an unscheduled break, my apologies):