This president's committed to taking steps to move the Middle East peace process forward, to bringing the two parties to the table to negotiate a lasting peace. That is the only way that a two-state solution can be achieved that provides the security that Israel deserves and needs and the sovereignty that the Palestinian people seek.

So our focus has to be on the things that we can control, which is to take the necessary measures working with Congress to ensure that our economy grows, that we create jobs.

But the - look, I think that this - the United States of America is still the most powerful economy in the world. It is an incredible engine for creativity and innovation. And it has the most - smartest, most effective workforce in the world. So we have a lot going for us, in spite of the fractiousness of our politics.

I`m going to work night and day to make sure that Americans get the tax relief that they need and deserve, and that our economy needs and deserves.

We believe that it is very important that we have hopefully averted what would have been the most substantial headwind of all, which is a default for the first time in our history, and that that will contribute to a more positive environment that we hope will allow for greater growth and job creation.

This president's committed to taking steps to move the Middle East peace process forward, to bringing the two parties to the table to negotiate a lasting peace. That is the only way that a two-state solution can be achieved that provides the security that Israel deserves and needs and the sovereignty that the Palestinian people seek.

I think we ought to all take a step back and remember where we were 24, 48 hours ago, a week ago, two weeks ago - the prospect that was hanging out there that America would not honor its obligations for the first time in its history, and the impact that would have on our economy and the global economy.