Iran has agreed to deepen our coordination as we work to locate Robert Levinson, missing from Iran for more than eight years. Even as we rejoice in the safe return of others, we will never forget about Bob. Each and every day our hearts are with the Levinson family, and we will not rest until their family is whole again.

So while I will never minimize the costs involved in military action, I am convinced that a failure to act in Libya would have carried a far greater price for America.

With respect to Russia, my principal approach to Russia has been constant since I first came into office. Russia is an important country. It is a military superpower. It has influence in the region and it has influence around the world.

We've subsidized oil companies for a century. That's long enough. It's time to end the taxpayer giveaways to an industry that rarely has been more profitable, and double-down on a clean energy industry that never has been more promising. Pass clean energy tax credits. Create these jobs.

The American people intuitively understand this, which is why the majority of Catholics practice birth control and some of those opposed to gay marriage nevertheless are opposed to a Constitutional amendment to ban it. Religious leadership need not accept such wisdom in counseling their flocks, but they should recognize this wisdom in their politics.

We have to deal with issues like inequality, we have deal with issues of economic dislocation, we have to deal with peoples fears that their children won't do as well as they have. The more aggressively and effectively we deal with those issues, the less those fears may channel themselves into counter-productive approaches that pit people against each other.

Rather than fight the same tired battles that have dominated Washington for decades, it's time to try something new. Let's invest in our people without leaving them a mountain of debt. Let's meet our responsibility to the citizens who sent us here. Let's try common sense.