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President Barack Obama sits with Defense Secretary Chuck Hagel, right, before speaking to the media prior to his cabinet meeting, Tuesday, Jan. 14, 2014, in the Cabinet Room of the White House in Washington. (AP Photo/Carolyn Kaster)

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President Barack Obama speaks to the media before his Cabinet meeting, Tuesday, Jan. 14, 2014, in the Cabinet Room of the White House in Washington, From left are, Education Secretary Arne Duncan, and Health and Human Services Secretary Kathleen Sebelius. (AP Photo/Carolyn Kaster)

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**FILE** President Barack Obama speaks to the media before meeting with his Cabinet at the White House on Jan. 14, 2014. From left are, Education Secretary Arne Duncan, and Health and Human Services Secretary Kathleen Sebelius. (Associated Press)

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President Barack Obama speaks during a meeting with Spanish Prime Minister Mariano Rajoy in the Oval Office of the White House in Washington, Monday, Jan. 13, 2014. (AP Photo/Jacquelyn Martin)

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President Barack Obama reacts to a BlackBerry message in the Treaty Room office in the private residence of the White House, March 21, 2010. (Official White House Photo by Pete Souza)

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President Obama has acknowledged that the record gap between the rich and everyone else has only grown on his watch, and has vowed to devote his final three years in office to trying to rectify the situation. (AP Photo/Chris Carlson)

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FILE - In this Jan. 21, 2013 file photo, President Barack Obama bows as he and first lady Michelle Obama, wearing a ruby-colored chiffon and velvet Jason Wu gown, gets ready to dance at the Inaugural Ball at the Washington Convention Center during the 57th Presidential Inauguration in Washington. Michelle Obama's fashion is making history again, at least for the next year, as her second inaugural gown will be displayed at the Smithsonian Institution. The ruby-colored chiffon gown made by designer Jason Wu is being lent to the National Museum of American History for a year to coincide with the 100th anniversary of the Smithsonian's first ladies exhibition. It will be paired with Obama's shoes designed by Jimmy Choo and will go on display beginning Tuesday, Jan. 14, 2014. (AP Photo/Charles Dharapak, File)