Our resources may be finite, but our will is infinite, and I am confident that if we come together and summon that great American spirit once again, we will meet the challenges of our time and write the next great chapter in our American story.

If we are enforcing what should be the rules around Medicare and making sure the people are getting the bang for the buck, it's not going to be possible for insurance companies to simply pass on those costs to Medicare recipients, because ultimately it's Uncle Sam that's paying for those services anyway.

We honor those who walked so we could run. We must run so our children soar. And we will not grow weary.

Here in Europe, I think that there are a lot of young people who forget the issues that were at stake during the Cold War.

We cannot meet 21st Century challenges with a 20th Century bureaucracy.

Today I am pledging to cut the deficit we inherited in half by the end of my first term in office.

No single nation should pick and choose which nations holds nuclear weapons. And that's why I strongly reaffirmed America's commitment to seek a world in which no nations hold nuclear weapons.