Independent economists say immigration reform will grow our economy and shrink our deficits by almost $1 trillion in the next two decades. And for good reason: when people come here to fulfill their dreams - to study, invent, and contribute to our culture - they make our country a more attractive place for businesses to locate and create jobs for everyone. So let's get immigration reform done this year.

I think [Obamacare] will survive. Or it may be called something else. And as I said I don't don't mind.

We can't get to the $4 trillion in savings that we need by just cutting the 12 percent of the budget that pays for things like medical research and education funding and food inspectors and the weather service. And we can't just do it by making seniors pay more for Medicare.

I think that we are in a position to continue to make progress, but it's gonna require us to both recognize what the problems are, also recognize the progress we've made. Last point I'd make on this, since we're on criminal justice: During the course of my presidency crime has been the lowest it's been probably since the '60s.

I think that there is a particular mindset that was on display in the run-up to the Iraq war that continues to this day. Some of the folks who were involved in that decision either don't remember what they said or are entirely unapologetic about the results, but that views the Middle East as a place where force and intimidation will deliver on the security interests that we have, and that it is not possible for us to at least test the possibility of diplomacy.

It continues to be my strong belief that the way we are going to make sure that everybody feels a part of this global economy is not by shutting ourselves off from each other, even if we could, but rather by working together more effectively than we have in the past.

Number one, it is absolutely critical that we tone down the rhetoric when it comes to the immigration debate, because there has been an undertone that has been ugly. Oftentimes, it has been directed at the Hispanic community. We have seen hate crimes skyrocket in the wake of the immigration debate as it has been conducted in Washington, and that is unacceptable.