Live Blog of the 2014 State of the Union

President Obama on Tuesday laid out his plans for the upcoming year in his fifth annual State of the Union (SOTU) address. And, after a year dominated by budget battles, the NSA spying scandal, and the meltdown of Obamacare, the libertarian message is more relevant than ever.

Cato scholars live-blogged their reactions to what the president said—and what he left out.

Below is a video compilation of their response, followed by the transcript of the liveblog.