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President cautions against 'elevated expectations' for Wednesday's speech

After two days of closed meetings with faith leaders and mayors on Obamacare and gun control, the president is hosting a closed reception in advance of tomorrow’s 50th anniversary of the 1963 March on Washington. The president warned those in attendance to manage their expectations, because his speech tomorrow “won’t be as good” as Martin Luther King’s famous “I Have a Dream” speech.

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Update: Brazile notes that there were reporters in attendance; technically, then, it wasn’t closed to the press.