No development strategy can be based only upon what comes out of the ground, nor can it be sustained while young people are out of work.

In fact, the best thing we could do on taxes for all Americans is to simplify the individual tax code. This will be a tough job, but members of both parties have expressed an interest in doing this, and I am prepared to join them.

I know that the politics around trade can be very difficult - especially in an election year.

I have made it a top priority for my administration to deepen cooperation with Israel across the whole spectrum of security issues - intelligence, military, technology.

As I've said many times, the nuclear deal was never intended to resolve all of our differences with Iran. But still, engaging directly with the Iranian government on a sustained basis for the first time in decades has created a unique opportunity, a window, to try to resolve important issues.

I am willing to work with anybody who wants to have a serious conversation about our fiscal future. We're not going to do this under the threat of blowing up the entire economy. I will not negotiate over Congress' responsibility to pay the bills that have already been racked up. I don't know how I can be more clear about this.

The president [Barack Obama] laid out his vision for foreign policy in a way that we hadn't heard before. And it could be summed up, I think, in two words - realistic idealism.