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

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.

We believe that - the president believes that the economy will continue to grow, that the economy will continue to create jobs, and that we need to do everything we can to enhance that growth and enhance that job creation.

Let me just say that while I personally am very fond of John Boehner, his record of predicting what would happen if certain policies, economic policies were instituted is abysmal, okay?

The president made clear when he was a candidate for this office and when he took this office, that unfortunately prior to his taking office, because of the focus on Iraq, and the U.S. efforts there, that the original war, if you will, in Afghanistan had been neglected, the strategy there was unclear, and that it was not properly resourced.

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.

The president assured the chancellor that the United States is not monitoring and will not monitor the communications of the chancellor.