After a wreath-laying ceremony this morning at the Tomb of the Unknowns in Arlington National Cemetery, President Obama gave a speech thanking veterans for their service.
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"There is no tribute, no commemoration, no praise that can truly match the magnitude of your service and your sacrifice," he said.
"We call this a holiday. For many veterans it's another day of memories that drive them to live their lives each day as best as they possibly can," he said. "For troops, it's another day in harm's way ... for the wounded, it's another day of slow and arduous recovery."
Obama said the troops who've fought in Iraq and Afghanistan are as valued as those who fought in World War II and other wars.
"This generation already deserves a place alongside previous generations for the sacrifices they have made," he said. (Read his full remarks here.)