Britt said inflation was "at a 40-year-high." That was true in June 2022, when year-over-year inflation hit 9.1%, but it's fallen in recent months. What is true is that inflation is affecting Americans: 63% said price increases have caused financial hardship in a Gallup poll from January.

-Monica Potts, 538

Sen. Katie Britt is giving the GOP response to Biden's address from her home in Alabama.

She said she is worried about the future of the country and called Biden an "out-of-touch," "permanent politician" who has been in office "longer than I have been alive."

Britt, 42, is the youngest GOP woman ever elected to the U.S. Senate.

In closing out his address, Biden spoke to the future he envisions in America -- one where democracy is defended, not diminished, and rights are protected, not taken away.

"I see a future where the middle class finally has a fair shot and the wealthy have to pay their fair share in taxes," he said. "I see a future where we save the planet from the climate crisis and our country from gun violence."

"Above all, I see a future for all Americans," he said. "I see a country for all Americans."

As he gears up for the general election, he spoke of a united country and said he will "always be a president for all Americans."

As Biden began to wrap up his speech, he made his first reference to his age: an issue polling has shown is a major concern for voters.

The remark mixed Biden's strategy for quelling such doubts: self-deprecating humor and assurances that age equals wisdom.

"I know I may not look like it, but I’ve been around a while," he joked. "And when you get to my age certain things become clearer than ever before."

"My lifetime has taught me to embrace freedom and democracy," he said. "A future based on the core values that have defined America. Honesty. Decency. Dignity. Equality. To respect everyone. To give everyone a fair shot. To give hate no safe harbor."

He added: "Now some other people my age see a different story. An American story of resentment, revenge, and retribution. That’s not me."

Continuing to swipe indirectly at Trump, who is 77, Biden said it's Trump who will move the country in the wrong direction.

"My fellow Americans, the issue facing our nation isn’t how old we are, it’s how old our ideas are. Hate, anger, revenge, retribution are among the oldest of ideas. But you can’t lead America with ancient ideas that only take us back."

Biden is set to address a wide range of issues, though some key themes have emerged ahead of the address.

The economy is expected to be a large focus, with the president -- who receives low polling marks on the issue -- expected to renew his calls for increased taxes on corporations and billionaires and eliminating federal student debt while also highlighting a rebounding economy.

"America’s comeback is building a future of American possibilities, building an economy from the middle out and the bottom up -- not the top down, investing in all of America -- in all Americans -- to make sure everyone has a fair shot and we leave no one behind," Biden plans to say, according to an excerpt of the address released by the White House.

Reproductive health care and gun violence prevention are also among the themes the president is set to address, as reflected through his invited guests, the White House said.

In the excerpt of his remarks, Biden said he promises to restore Roe v. Wade's nationwide guarantees to abortion access "[if] Americans send me a Congress that supports the right to choose."