You mention the Navy, for example, and the fact that we have fewer ships than we did in 1916. Well governor, we also have fewer horses and bayonets.

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.

Progress does not compel us to settle centuries-long debates about the role of government for all time, but it does require us to act in our time.

I think there are hard-liners inside of Iran that think it is the right thing to do to oppose us, to seek to destroy Israel, to cause havoc in places like Syria or Yemen or Lebanon, if they don't change at all, we're still better off having the deal.

You now have the potential of 200 people deciding who ends up being elected president every single time.

Because as tough as things have been, I am convinced you are tougher. I've seen your passion and I've seen your service... I've seen a generation eager, impatient even, to step into the rushing waters of history and change its course.

If you're willing to put in the work, the idea is that you should be able to raise a family and own a home, not go bankrupt because you got sick, 'cause you've got some health insurance that helps you deal with those difficult times; that you can send your kids to college; that you can put some money away for retirement. That's all most people want. Folks don't have unrealistic ambitions. They do believe that if they work hard, they should be able to achieve that small measure of an American dream.