When Americans are called on to innovate, that's what we do - whether it's making more fuel-efficient cars or more fuel-efficient appliances, or making sure that we are putting in place the kinds of equipment that prevents harm to the ozone layer and eliminates acid rain. At every one of these steps, there have been folks who have said it can't be done. There have been naysayers who said this is going to destroy jobs and destroy industry. And it doesn't happen because once we have a clear target to meet, we typically meet it. And we find the best ways to do it.

We will not hesitate to speak out when we see actions that contradict those values.

I refuse to accept any approach that isn't balanced. I'm not going to ask students and seniors and middle-class families to pay down the entire deficit while people like me, making over $250,000, aren't asked to pay a dime more in taxes.

What we can do is make sure that Afghanistan is not a safe haven for Al Qaeda. What we can do it make sure that it is not destabilizing neighboring Pakistan, which has nuclear weapons. The key is we’ve got to have a clear objective...

My abiding faith in the American people is undiminished. That's still what drives me every single day.

We will send an additional 475 service members to Iraq. As I have said before, these American forces will not have a combat mission - we will not get dragged into another ground war in Iraq. But they are needed to support Iraqi and Kurdish forces with training, intelligence and equipment.

When it comes to the budget, we know that we shouldn't be cutting more on core investments, like education, that are going to help us grow in the future. And we've already seen the deficit cut in half. It's going down faster than any time in the last 60 years. So why would we make more cuts in education, more cuts in basic research? Nobody thinks that's a good idea.