In reaffirming the greatness of our nation, we understand that greatness is never a given. It must be earned. Our journey has never been one of shortcuts or settling for less. It has not been the path for the faint-hearted, for those who prefer leisure over work, or seek only the pleasures of riches and fame. Rather, it has been the risk-takers, the doers, the makers of things -- some celebrated, but more often men and women obscure in their labor -- who have carried us up the long, rugged path towards prosperity and freedom.

Money is the original sin in politics and I am not sinless.

The easiest way to save money is to waste less energy.

Being attentive to inequality and not tone deaf to it. But offering prescriptions that are actually going to help folks in communities that feel forgotten. That's going to be our most important strategy. And I think we can successfully do that.

You not only do you appreciate the sacrifices people have made and the hours they've kept and the soccer games they missed and the birthday parties, but I also had a lot of young people who came in here [to White House], and this probably, you know, echoes with you, in your own experience, you were young when you got here.

And so you [young Americans]need to be the Idea Generation. The generation who's always thinking on the cutting edge, who's wondering how to create and keep the next wave of American jobs and American innovations, who's figuring out how to out-compete the Idea Generations of Indias and Chinas of the world.

I came in with a healthy skepticism about these programs. My team evaluated them. We scrubbed them thoroughly. We actually expanded some of the oversight, increased some of the safeguards. But my assessment, and my team's assessment was that they help us prevent terrorist attacks. In the abstract, you can complain about 'Big Brother' and how this is a potential program run amok. But when you actually look at the details, then, I think we've struck the right balance.