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.

My fellow Americans, we are and always will be a nation of immigrants. We were strangers once, too.

My hope is that the president-elect [Donald Trump] coming in takes a similarly constructive approach, finding areas where we can cooperate with Russia, where our values and interests align. But that the president-elect also is willing to stand up to Russia where they are deviating from our values and international norms.

We stand with Israel as a Jewish democratic state because we know that Israel is born of firmly held values that we, as Americans, share: a culture committed to justice, a land that welcomes the weary, a people devoted to tikkun olam. ... So America's commitment ... and my commitment to Israel and Israel's security is unshakeable. It is unshakeable. ... I am proud to say that no U.S. administration has done more in support of Israel's security than ours. None. Don't let anybody else tell you otherwise. It is a fact.

The notion that we can control the flow of information is obsolete.

Germany, South Korea - these are all countries that are investing massively in education. We've got to do the same thing in America.

In a summer marked by instability in the Middle East and Eastern Europe, I know the world also took notice of the small American city of Ferguson, Missouri - where a young man was killed, and a community was divided. So yes, we have our own racial and ethnic tensions.