Letting the free market do whatever it wants. That's not been historically how we grow. We have to invest in education, in rebuilding broadband lines and roads and runways, and it's important that we bring back American manufacturing and regulations to prevent consumers from being cheated.

Republicans in Congress have two choices here: They can act responsibly, and pay America’s bills; or they can act irresponsibly, and put America through another economic crisis. But they will not collect a ransom in exchange for not crashing the American economy.

To the Muslim world, we seek a new way forward, based on mutual interest and mutual respect. To those leaders around the globe who seek to sow conflict, or blame their society's ills on the West - know that your people will judge you on what you can build, not what you destroy. To those who cling to power through corruption and deceit and the silencing of dissent, know that you are on the wrong side of history; but that we will extend a hand if you are willing to unclench your fist.

I do not talk to the FBI directors about pending investigations [on Hillary Clinton].

I think Republicans now are recognizing that [Obamacare cancellation] may not be what the American people, including even [Donald] Trump voters, are looking for. And my hope is that the president-elect, members of Congress from both parties look at, "Where have we objectively made progress, where things are working better?" Don't undo things just because I did them. I don't have pride of authorship.

A central notion in the Affordable Care Act was we had an inefficient system with a lot of waste that didn't also deliver the kind of quality that was needed that often put health care providers in a box where they wanted to do better for their patients, but financial incentives were skewed the other way... We don't need to reinvent the wheel; you're already figuring out what works to reduce infections in hospitals or help patients with complicated needs.

But we reject the belief that America must choose between caring for the generation that built this country and investing in the generation that will build its future.