We certainly ... hope that the Congress will act in an appropriate fashion and not waste its time with ineffectual, sham legislation on Keystone XL that has no impact on the price of gas and is irresponsible because it, as we've said before, tries to legislate the approval of a pipeline for which there is not even a route.

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.

The Affordable Care Act reduces the deficit considerably. I would simply point out to you that the Supreme Court has spoken, the American people have spoken, congressional leaders of both parties have spoken, and we're going to continue with implementation.

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.

When this president was sworn into office, he was handed a deficit of over a trillion dollars. Republicans were in control of Congress for much of the time that President George W. Bush was in office, and they didn't do a great job of controlling spending.

I was extremely excited personally about the Obama-Biden victory.

What we see happening with this Republican strategy is a willingness to threaten the very foundation of the world's greatest economic power. That is a very risky proposition.