President Barack Obama will deliver his first State of the Union speech at 9 p.m. EST on January 27 to reassure Americans about their jobs and the economy.

White House spokesman Robert Gibbs said the speech will focus on how to get the economy back onto a firmer footing, boost hiring, tackle the deficit and deliver financial regulation and healthcare reform.

I think all of that goes to the type of economic anxiety that people felt in this country last week, Gibbs said.

The speech will be delivered on the floor of the United States House of Representatives in Washington. Sitting behind the president will be the presiding officers of the Senate and the House of Representatives, Vice President Joe Biden and House Speaker Nancy Pelosi.

Obama will unveil his proposed federal budget for fiscal 2011 on February 1.

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