We're up against the conventional thinking that says your ability to lead as president comes from longevity in Washington or proximity to the White House. But we know that real leadership is about candor and judgment and the ability to rally Americans from all walks of life around a common purpose, a higher purpose.

Legislatively, the thing I'm most proud of is healthcare, and I will continue to be most proud of it because not only do we have 30 million people who are going to get healthcare, we've got six million young people who are able to stay on their parents' plan until they're 26.

I'm blown away. I'm flabbergasted the president [Barack Obama] made the phone call to Rouhani after 30-plus, `79, 33 years or so. And there's a reason we haven't negotiated with Iran, because they're state-sponsored terrorists. They're the central bank for terrorism around the world.

In order for us to compete with China, we've also got to make sure, though, that we're taking - taking care of business here at home. If we don't have the best education system in the world, if we don't continue to put money into research and technology that will allow us to create great businesses here in the United States, that's how we lose the competition.

The last thing that I want to do is to have the United States be a foil.

Starting today, we must pick ourselves up, dust ourselves off, and begin again the work of remaking America.

Nobody wants to put the creditworthiness of the United States in jeopardy. Nobody wants to see the United States default. So we've got to seize this moment, and we have to seize it soon.