English subtitles for clip: File:The President Speaks at the G7 Summit in Germany.webm

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President Obama: Good afternoon.

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Let me begin by once again
thanking Chancellor Merkel

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and the people of Bavaria
and Germany for their

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extraordinary hospitality
here at the G7.

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My stay here has
been extraordinary.

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I wish I could stay longer.

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And one of the pleasures of
being President is scouting

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out places that you
want to come back to,

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where you don't have
to spend all your time

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in a conference room.

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The setting is breathtaking.

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Our German friends have
been absolutely wonderful,

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and the success of this
summit is a tribute

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to their
outstanding work.

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The G7 represents some of the
largest economies in the world.

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But in our G7 partners,
the United States also

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embraces some of our
strongest allies and closest

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friends in the world.

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So, even as we work to
promote the growth that

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creates jobs and
opportunity, we're also

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here to stand up for the
fundamental principles that

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we share as democracies:
for freedom; for peace;

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for the right of
nations and peoples

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to decide their own destiny;
for universal human

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rights and the dignity
of every human being.

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And I'm pleased
that here in KrĂźn,

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we showed that on the most
pressing global challenges,

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America and our
allies stand united.

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We agree that the best
way to sustain the global

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economic recovery is by
focusing on jobs and growth.

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That's what I'm focused
on in the United States.

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On Friday, we learned
that our economy created

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another 280,000 jobs in May
-- the strongest month

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of the year so far -- and
more than 3 million new

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jobs over the past year,
nearly the fastest pace

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in over a decade.

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We've now seen five straight
years of private sector

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job growth -- 12.6 million
new jobs created --

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the longest
streak on record.

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The unemployment rate is
near its lowest level

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in seven years.

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Wages for American
workers continue to rise.

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And since I took office,
the United States

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has cut our deficit
by two-thirds.

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So, in the global
economy, America

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is a major source
of strength.

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At the same time, we recognize
that the global economy,

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while growing, is still
not performing at its full

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potential, And we agreed on
a number of necessary steps.

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Here in Europe, we support
efforts to find a path

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that enables Greece to
carry out key reforms

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and return to growth
within a strong, stable

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and growing Eurozone.

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I updated my partners on our
effort with Congress to pass

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trade promotion authority so
we can move ahead with TPP

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in the Asia Pacific region,
and T-TIP here in Europe --

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agreements with high
standards to protect

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workers, public safety
and the environment.

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We continue to make
progress toward

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a strong global climate
agreement this year in Paris.

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All the G7 countries
have now put forward our

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post-2020 targets for
reducing carbon emissions,

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and we'll continue to urge
other significant emitters

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to do so as well.

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We'll continue to meet our
climate finance commitments

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to help developing
countries transition

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to low-carbon growth.

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As we've done in the U.S.,
the G7 agreed on the need

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to integrate climate risks
into development assistance

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and investment programs
across the board, and to

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increase access
to risk insurance to help

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developing countries
respond to and recover from

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climate-related disasters.

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And building on the
Power Africa initiative

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I launched two years ago,
the G7 will work to mobilize

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more financing for clean-energy
projects in Africa.

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With respect to
security, the G7 remains

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strongly united in
support for Ukraine.

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We'll continue to provide
economic support and technical

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assistance that Ukraine
needs as it moves ahead

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on critical reforms to
transform its economy

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and strengthen
its democracy.

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As we've seen again
in recent days,

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Russian forces
continue to operate

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in eastern Ukraine, violating
Ukraine's sovereignty

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and territorial integrity.

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This is now the second year in a
row that the G7 has met without

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Russia -- another example of
Russia's isolation -- and every

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member of the G7 continues
to maintain sanctions

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on Russia for its
aggression against Ukraine.

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Now, it's important to
recognize the Russian economy

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has been seriously
weakened.

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The ruble and foreign investment
are down; Inflation is up.

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The Russian central
bank has lost more than

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$150 billion in reserves.

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Russian banks and firms
are virtually locked out

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of the international markets.

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Russian energy companies are
struggling to import

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the services and
technologies they need

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for complex energy projects.

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Russian defense firms have been
cut off from key technologies.

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Russia is in
deep recession.

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So Russia's actions in
Ukraine are hurting

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Russia and hurting the
Russian people.

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Here at the G7, we agreed that
even as we will continue to seek

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a diplomatic solution,
sanctions against Russia will

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remain in place so long as
Russia continues to violate

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its obligations under
the Minsk agreements.

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Our European partners
reaffirmed that they will

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maintain sanctions on Russia
until the Minsk agreements

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are fully implemented,
which means extending

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the EU's existing sectoral
sanctions beyond July.

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And the G7 is making it
clear that, if necessary,

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we stand ready to
impose additional,

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significant sanctions
against Russia.

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Beyond Europe, we discussed
the negotiations over

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Iran's nuclear program, and
we remain united heading into

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the final stages of
the talks.

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Iran has a historic opportunity
to resolve the international

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community's concerns
about its nuclear program,

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and we agreed that Iran needs
to seize that opportunity.

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Our discussions with Prime
Minister Abadi of Iraq,

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President Caid
Essebsi of Tunisia

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and President Buhari of
Nigeria were a chance

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to address the threats of
ISIL and Boko Haram.

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The G7 countries, therefore,
agreed to work -- together

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and with our partners --
to further coordinate

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our counterterrorism
efforts.

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As many of the world's leading
partners in global development

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-- joined by leaders of
Ethiopia, Liberia, Nigeria,

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Senegal and the African
Union -- we discussed how

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to maximize the impact of our
development partnerships.

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We agreed to continue our
landmark initiative to promote

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food security and nutrition
-- part of our effort

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to lift 500 million people
in developing countries

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out of hunger and
malnutrition by 2030.

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We'll continue to work
with our partners

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in West Africa to get
Ebola cases down to zero.

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And as part of our Global
Health Security Agenda,

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I'm pleased that the G7 made
a major commitment to help

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60 countries over the next
five years achieve specific

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targets to better prevent,
detect and respond

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to future outbreaks before
they become epidemics.

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And finally, I want to commend
Chancellor Merkel for ensuring

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that this summit included a
focus on expanding educational

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and economic opportunities
for women and girls.

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The G7 committed to
expanding career training

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for women in our own countries,
and to increase technical

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and vocational training
in developing countries,

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which will help all of
our nations prosper.

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So, again, I want to thank
Angela and the people

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of Germany for their
extraordinary hospitality.

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I leave here confident that when
it comes to the key challenges

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of our time, America and
our closest allies stand

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shoulder to shoulder.

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So with that, I will
take some questions.

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And I will start off with
Jeff Mason of Reuters.

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The Press: Thank
you, Mr. President.

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After your meetings here,
you mentioned Greece

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in your opening statement.

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Do you believe that the
Europeans are being

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too tough on Greece
in these talks?

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And what else needs to be done
on both sides to ensure there's

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a deal and to ensure that
there isn't the undue harm

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to financial markets that
you've warned about?

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And on a separate and
somewhat related topic,

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the French told reporters today
that you said to G7 leaders

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that you're concerned that
the dollar is too strong.

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What did you say exactly?

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And are you concerned that
the dollar is too strong?

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President Obama: First of all,
don't believe unnamed quotes.

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I did not say that.

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And I make a practice of
not commenting on the daily

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fluctuations of the dollar
or any other currency.

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With respect to Greece, I think
that not only our G7 partners

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but the IMF and other
institutions that were

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represented here feel a sense
of urgency in finding

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a path to resolve
the situation there.

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And what it's going to require
is Greece being serious about

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making some important reforms
not only to satisfy creditors,

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but, more importantly, to
create a platform whereby

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the Greek economy can start
growing again and prosper.

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And so the Greeks are going to
have to follow through and make

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some tough political
choices that will be good

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for the long term.

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I also think it's going
to be important for

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the international community and
the international financial

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agencies to recognize the
extraordinary challenges

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that Greeks face.

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And if both sides are showing
a sufficient flexibility,

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then I think we can get
this problem resolved.

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But it will require some tough
decisions for all involved,

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and we will continue to
consult with all the parties

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involved to try to encourage
that kind of outcome.

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The Press: Are you
confident it will happen

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before the deadline?

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President Obama: I think that
everybody wants to make it

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happen and they're working
hard to get it done.

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Nedra.

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The Press: Thank
you, Mr. President.

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How frustrated are you that
after you personally raised your

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concerns about cybersecurity
with the Chinese President

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that a massive attack
on U.S. personnel

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files seems to
have originated from China?

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Was the Chinese
government involved?

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And separately, as a
sports fan, can you give

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us your reaction to the
FIFA bribery scandal?

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Thank you.

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President Obama:
With respect to FIFA,

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I cannot comment on a pending
case by our Attorney General.

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I will say that in conversations
I've had here in Europe,

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people think it is very
important for FIFA

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to be able to operate with
integrity and transparency

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and accountability.

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And so as the investigation
and charges proceed,

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I think we have to keep in
mind that although football --

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soccer -- depending on which
side of the Atlantic you

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live on, is a game, it's
also a massive business.

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It is a source of
incredible national pride,

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and people want to make
sure that it operates

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with integrity.

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The United States, by the way,
since we keep on getting better

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and better at each World Cup,
we want to make sure that

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a sport that's gaining
popularity is conducted

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in an upright manner.

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I don't want to discuss --
because we haven't publicly

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unveiled who we think may have
engaged in these cyber-attacks

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-- but I can tell you that
we have known for a long

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time that there are significant
vulnerabilities and that these

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vulnerabilities are going to
accelerate as time goes

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by, both in systems within
government and within

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the private sector.

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This is why it's so important
that Congress moves forward on

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passing cyber legislation --
cybersecurity legislation that

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we've been pushing for; why,
over the last several years,

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I've been standing up new
mechanisms inside of government

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for us to investigate what
happens and to start finding

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more effective solutions.

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Part of the problem
is, is that we've got

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very old systems.

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And we discovered this new
breach in OPM precisely because

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we've initiated this process
of inventorying and upgrading

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these old systems to address
existing vulnerabilities.

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And what we are doing is
going agency by agency,

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and figuring out what
can we fix with better

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00:13:13,092 --> 00:13:19,002
practices and better computer
hygiene by personnel,

247
00:13:18,998 --> 00:13:22,098
and where do we need new
systems and new infrastructure

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00:13:22,101 --> 00:13:24,801
in order to protect
information not just

249
00:13:24,803 --> 00:13:27,573
of government employees
or government activities,

250
00:13:27,573 --> 00:13:31,243
but also, most importantly,
where there's an interface

251
00:13:31,243 --> 00:13:35,783
between government and
the American people.

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And this is going to be a
big project and we're going

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00:13:37,983 --> 00:13:40,753
to have to keep on doing
it, because both state

254
00:13:40,753 --> 00:13:46,323
and non-state actors are
sending everything they've

255
00:13:46,325 --> 00:13:50,525
got at trying to
breach these systems.

256
00:13:50,529 --> 00:13:53,699
In some cases, it's non-state
actors who are engaging

257
00:13:53,699 --> 00:13:57,169
in criminal activity
and potential theft.

258
00:13:57,169 --> 00:14:01,939
In the case of state actors,
they're probing for intelligence

259
00:14:01,941 --> 00:14:06,641
or, in some cases, trying
to bring down systems

260
00:14:06,645 --> 00:14:09,585
in pursuit of their various
foreign policy objectives.

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00:14:09,582 --> 00:14:11,722
In either case, we're
going to have to be much

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00:14:11,717 --> 00:14:14,887
more aggressive, much more
attentive than we have been.

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00:14:14,887 --> 00:14:17,357
And this problem is
not going to go away.

264
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It is going to accelerate.

265
00:14:19,491 --> 00:14:22,631
And that means that we
have to be as nimble,

266
00:14:22,628 --> 00:14:25,828
as aggressive, and
as well-resourced

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00:14:25,831 --> 00:14:29,371
as those who are trying to
break into these systems.

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00:14:29,368 --> 00:14:32,438
Justin Sink.

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00:14:32,438 --> 00:14:33,978
The Press: Thanks,
Mr. President.

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00:14:33,973 --> 00:14:35,503
I wanted to ask about
two things that were

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00:14:35,507 --> 00:14:37,947
on the agenda at the
G7 this weekend.

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The first was the
Islamic State.

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You said yesterday,
ahead of your meeting with

274
00:14:42,014 --> 00:14:44,214
Prime Minister Cameron,
that you'd assess what

275
00:14:44,216 --> 00:14:46,016
was working and what wasn't.

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So I'm wondering, bluntly,
what is not working

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00:14:48,754 --> 00:14:50,594
in the fight against
the Islamic State.

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00:14:50,589 --> 00:14:53,529
And in today's bilateral
with Prime Minister Abadi,

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00:14:53,525 --> 00:14:55,525
you pledged to step up
assistance to Iraq.

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00:14:55,527 --> 00:14:57,467
I'm wondering if that
includes additional U.S.

281
00:14:57,463 --> 00:14:58,863
military personnel.

282
00:14:58,864 --> 00:15:01,664
Separately, on trade,
Chancellor Merkel said today

283
00:15:01,667 --> 00:15:04,407
that she was pleased you would
get fast track authority.

284
00:15:04,403 --> 00:15:06,443
I'm wondering if that means that
you gave her or other leaders

285
00:15:06,438 --> 00:15:08,608
here assurance that it
would go through the House.

286
00:15:08,607 --> 00:15:10,907
And if it doesn't, what does
it say about your ability

287
00:15:10,909 --> 00:15:13,449
to achieve meaningful
agreements with Congress

288
00:15:13,445 --> 00:15:15,445
for the remainder of
your time in office?

289
00:15:15,447 --> 00:15:17,447
President Obama: Well,
on the latter question,

290
00:15:17,449 --> 00:15:19,489
I'm not going to hypothesize
about not getting it done.

291
00:15:19,485 --> 00:15:21,125
I intend to get it done.

292
00:15:21,120 --> 00:15:23,290
And, hopefully, we're
going to get a vote soon

293
00:15:23,289 --> 00:15:28,629
because I think it's
the right thing to do.

294
00:15:28,627 --> 00:15:36,437
With respect to ISIL, we have
made significant progress in

295
00:15:36,435 --> 00:15:43,445
pushing back ISIL from areas
in which they had occupied

296
00:15:43,442 --> 00:15:48,682
or disrupted local populations,
but we've also seen areas

297
00:15:48,681 --> 00:15:51,921
like in Ramadi where they're
displaced in one place

298
00:15:51,917 --> 00:15:53,717
and then they come back
in, in another.

299
00:15:53,719 --> 00:15:56,759
And they're nimble,
and they're aggressive,

300
00:15:56,755 --> 00:15:59,325
and they're opportunistic.

301
00:15:59,325 --> 00:16:03,395
So one of the areas where
we're going to have to improve

302
00:16:03,395 --> 00:16:08,165
is the speed at which we're
training Iraqi forces.

303
00:16:08,167 --> 00:16:10,307
Where we've trained
Iraqi forces directly

304
00:16:10,302 --> 00:16:15,472
and equipped them, and we have
a train-and-assist posture,

305
00:16:15,474 --> 00:16:18,074
they operate effectively.

306
00:16:18,077 --> 00:16:23,517
Where we haven't, morale,
lack of equipment,

307
00:16:23,515 --> 00:16:25,915
et cetera, may undermine
the effectiveness

308
00:16:25,918 --> 00:16:27,188
of Iraqi security forces.

309
00:16:27,186 --> 00:16:30,456
So we want to get more Iraqi
security forces trained,

310
00:16:30,456 --> 00:16:34,126
fresh, well-equipped
and focused.

311
00:16:34,126 --> 00:16:37,396
And President Abadi
wants the same thing.

312
00:16:37,396 --> 00:16:42,866
So we're reviewing a range of
plans for how we might do that,

313
00:16:42,868 --> 00:16:46,238
essentially accelerating
the number of Iraqi forces

314
00:16:46,238 --> 00:16:49,238
that are properly trained
and equipped and have

315
00:16:49,241 --> 00:16:51,311
a focused strategy and
good leadership.

316
00:16:51,310 --> 00:16:57,420
And when a finalized plan is
presented to me by the Pentagon,

317
00:16:57,416 --> 00:17:00,656
then I will share it
with the American people.

318
00:17:00,652 --> 00:17:07,162
We don't yet have a complete
strategy because it requires

319
00:17:07,159 --> 00:17:10,299
commitments on the part
of the Iraqis, as well,

320
00:17:10,295 --> 00:17:13,435
about how recruitment
takes place,

321
00:17:13,432 --> 00:17:15,002
how that training
takes place.

322
00:17:15,000 --> 00:17:18,300
And so the details of that
are not yet worked out.

323
00:17:18,303 --> 00:17:19,973
The Press: Is it fair to say
that additional military

324
00:17:19,972 --> 00:17:21,672
personnel -- U.S.
military personnel are

325
00:17:21,673 --> 00:17:24,313
of what's under
consideration?

326
00:17:24,309 --> 00:17:28,109
President Obama: I think what
is fair to say is that all the

327
00:17:28,113 --> 00:17:33,283
countries in the international
coalition are prepared

328
00:17:33,285 --> 00:17:36,685
to do more to train
Iraqi security forces

329
00:17:36,688 --> 00:17:42,528
if they feel like that
additional work is being

330
00:17:42,528 --> 00:17:43,928
taken advantage of.

331
00:17:43,929 --> 00:17:47,929
And one of the things that
we're still seeing is --

332
00:17:47,933 --> 00:17:50,733
in Iraq -- places where
we've got more training

333
00:17:50,736 --> 00:17:53,176
capacity than we
have recruits.

334
00:17:53,172 --> 00:17:56,512
So part of my discussion
with Prime Minister Abadi

335
00:17:56,508 --> 00:18:00,348
was how do we make sure that
we get more recruits in.

336
00:18:00,345 --> 00:18:03,615
A big part of the answer
there is our outreach

337
00:18:03,615 --> 00:18:05,515
to Sunni tribes.

338
00:18:05,517 --> 00:18:09,017
We've seen Sunni tribes
who are not only willing

339
00:18:09,021 --> 00:18:12,621
and prepared to fight ISIL,
but have been successful

340
00:18:12,624 --> 00:18:14,894
at rebuffing ISIL.

341
00:18:14,893 --> 00:18:18,593
But it has not been happening
as fast as it needs to.

342
00:18:18,597 --> 00:18:23,167
And so one of the
efforts that I'm hoping

343
00:18:23,168 --> 00:18:25,508
to see out of Prime
Minister Abadi,

344
00:18:25,504 --> 00:18:31,314
and the Iraqi legislature
when they're in session,

345
00:18:31,310 --> 00:18:35,110
is to move forward on
a National Guard law that would

346
00:18:35,113 --> 00:18:40,323
help to devolve some of
the security efforts

347
00:18:40,319 --> 00:18:44,719
in places like Anbar to
local folks, and to get

348
00:18:44,723 --> 00:18:48,193
those Sunni tribes
involved more rapidly.

349
00:18:48,193 --> 00:18:53,903
This is part of what helped
defeat AQI -- the precursor

350
00:18:53,899 --> 00:18:59,309
of ISIL -- during the
Iraq War in 2006.

351
00:18:59,304 --> 00:19:01,844
Without that kind of
local participation,

352
00:19:01,840 --> 00:19:03,440
even if you have a
short-term success,

353
00:19:03,442 --> 00:19:09,082
it's very hard to
hold those areas.

354
00:19:09,081 --> 00:19:12,581
The other area where
we've got to make a lot

355
00:19:12,584 --> 00:19:17,624
more progress is on stemming
the flow of foreign fighters.

356
00:19:17,623 --> 00:19:19,963
Now, you'll recall
that I hosted a U.N.

357
00:19:19,958 --> 00:19:25,528
General Security Council meeting
specifically on this issue,

358
00:19:25,531 --> 00:19:30,471
and we've made some
progress, but not enough.

359
00:19:30,469 --> 00:19:33,369
We are still seeing thousands
of foreign fighters

360
00:19:33,372 --> 00:19:37,472
flowing into, first, Syria,
and then, oftentimes,

361
00:19:37,476 --> 00:19:39,846
ultimately into Iraq.

362
00:19:39,845 --> 00:19:45,015
And not all of that
is preventable, but a lot

363
00:19:45,017 --> 00:19:48,857
of it is preventable
-- if we've got better

364
00:19:48,854 --> 00:19:50,794
cooperation, better
coordination,

365
00:19:50,789 --> 00:19:54,959
better intelligence, if we are
monitoring what's happening

366
00:19:54,960 --> 00:19:57,660
at the Turkish-Syria
border more effectively.

367
00:19:57,663 --> 00:20:02,303
This is an area where we've been
seeking deeper cooperation

368
00:20:02,301 --> 00:20:05,241
with Turkish authorities who
recognize it's a problem

369
00:20:05,237 --> 00:20:12,077
but haven't fully ramped up
the capacity they need.

370
00:20:12,077 --> 00:20:14,677
And this is something that
I think we got to spend

371
00:20:14,680 --> 00:20:15,450
a lot of time on.

372
00:20:15,447 --> 00:20:19,247
If we can cut off some of
that foreign fighter flow

373
00:20:19,251 --> 00:20:23,491
then we're able to isolate and
wear out ISIL forces that

374
00:20:23,488 --> 00:20:24,658
are already there.

375
00:20:24,656 --> 00:20:27,296
Because we're taking a lot
of them off the battlefield,

376
00:20:27,292 --> 00:20:29,092
but if they're
being replenished,

377
00:20:29,094 --> 00:20:32,494
then it doesn't solve the
problem over the long term.

378
00:20:32,497 --> 00:20:34,367
The final point that I
emphasized to Prime Minister

379
00:20:34,366 --> 00:20:41,806
Abadi is the political agenda of
inclusion remains as important

380
00:20:41,807 --> 00:20:45,907
as the military fight
that's out there.

381
00:20:45,911 --> 00:20:53,051
If Sunnis, Kurds, and Shia all
feel as if they're concerns

382
00:20:53,051 --> 00:20:57,221
are being addressed, and that
operating within a legitimate

383
00:20:57,222 --> 00:21:04,032
political structure can meet
their need for security,

384
00:21:04,029 --> 00:21:06,099
prosperity,
non-discrimination,

385
00:21:06,098 --> 00:21:08,038
then we're going to
have much easier time.

386
00:21:08,033 --> 00:21:10,873
And the good news is Prime
Minister Abadi is very much

387
00:21:10,869 --> 00:21:12,939
committed to that principle.

388
00:21:12,938 --> 00:21:16,638
But, obviously, he's inheriting
a legacy of a lot of mistrust

389
00:21:16,642 --> 00:21:18,912
between various groups
in Iraq -- he's having

390
00:21:18,910 --> 00:21:20,380
to take a lot of
political risks.

391
00:21:20,379 --> 00:21:22,849
In some cases, there are
efforts to undermine those

392
00:21:22,848 --> 00:21:26,148
efforts by other political
factions within Iraq.

393
00:21:26,151 --> 00:21:29,651
And so we've got to continue
to monitor that and support

394
00:21:29,655 --> 00:21:34,325
those who are on the right
side of the issue there.

395
00:21:34,326 --> 00:21:36,826
Colleen Nelson.

396
00:21:37,362 --> 00:21:38,632
The Press: Thank
you, Mr. President.

397
00:21:38,630 --> 00:21:41,430
You mentioned that the U.S.
and its European allies have

398
00:21:41,433 --> 00:21:45,073
reached a consensus on extending the sanctions against Russia.

399
00:21:45,070 --> 00:21:48,740
Is there a consensus, though,
about what specifically

400
00:21:48,740 --> 00:21:52,880
the next step should be if
Russia continues to violate

401
00:21:52,878 --> 00:21:54,678
the Minsk agreement?

402
00:21:54,680 --> 00:21:57,620
And also, can you deter
Russian aggression

403
00:21:57,616 --> 00:22:00,156
in other parts of Eastern
Europe without a permanent

404
00:22:00,152 --> 00:22:01,852
U.S. troop presence?

405
00:22:01,853 --> 00:22:03,623
And separately, I
wanted to ask you about

406
00:22:03,622 --> 00:22:09,832
the possibility that extend
late into your term.

407
00:22:09,828 --> 00:22:11,528
Do you think that there's
anything more that you

408
00:22:11,530 --> 00:22:13,700
can do for the people who
would have benefitted

409
00:22:13,699 --> 00:22:15,969
from that program and
now are in limbo?

410
00:22:15,967 --> 00:22:18,437
And how do you view the
possibility of your term

411
00:22:18,437 --> 00:22:24,977
ending without accomplishing
your goals on immigration?

412
00:22:26,411 --> 00:22:30,111
President Obama: On Ukraine
and Russia and Minsk,

413
00:22:30,115 --> 00:22:36,025
there is strong consensus
that we need to keep pushing

414
00:22:36,021 --> 00:22:41,661
Russia to abide by the terms
of the Minsk agreement;

415
00:22:41,660 --> 00:22:44,300
we need to continue to
support and encourage Ukraine

416
00:22:44,296 --> 00:22:48,496
to meet its obligations
under Minsk -- that until

417
00:22:48,500 --> 00:22:53,270
that's completed,
sanctions remain in place.

418
00:22:53,271 --> 00:22:58,881
There was discussion about
additional steps that we might

419
00:22:58,877 --> 00:23:09,057
need to take if Russia,
working through separatists,

420
00:23:09,054 --> 00:23:14,464
doubled down on aggression
inside of Ukraine.

421
00:23:14,459 --> 00:23:18,599
Those discussions are taking
place at a technical level,

422
00:23:18,597 --> 00:23:21,697
not yet at a political level --
because I think the first goal

423
00:23:21,700 --> 00:23:24,800
here going into a European
Council meeting that's coming

424
00:23:24,803 --> 00:23:29,813
up is just rolling over
the existing sanctions.

425
00:23:29,808 --> 00:23:34,148
But I think at a technical
level, we want to be prepared.

426
00:23:34,146 --> 00:23:37,086
Our hope is, is that we don't
have to take additional

427
00:23:37,082 --> 00:23:43,792
steps because the Minsk
agreement is met.

428
00:23:43,789 --> 00:23:46,529
And I want to give enormous
credit to Chancellor Merkel,

429
00:23:46,525 --> 00:23:49,595
along with President
Hollande, who have shown

430
00:23:49,594 --> 00:23:51,764
extraordinary
stick-to-itiveness

431
00:23:51,763 --> 00:23:58,433
and patience in trying
to get that done.

432
00:23:58,436 --> 00:24:06,346
Ultimately, this is going to
be an issue for Mr. Putin.

433
00:24:06,344 --> 00:24:08,914
He's got to make a decision:
Does he continue to wreck his

434
00:24:08,914 --> 00:24:16,754
country's economy and continue
Russia's isolation in pursuit

435
00:24:16,755 --> 00:24:24,795
of a wrong-headed desire to
re-create the glories

436
00:24:24,796 --> 00:24:27,466
of the Soviet empire?

437
00:24:27,465 --> 00:24:34,035
Or does he recognize that
Russia's greatness does not

438
00:24:34,039 --> 00:24:36,839
depend on violating the
territorial integrity

439
00:24:36,842 --> 00:24:39,182
and sovereignty of
other countries?

440
00:24:39,177 --> 00:24:44,417
And as I mentioned earlier, the
costs that the Russian people

441
00:24:44,416 --> 00:24:46,786
are bearing are severe.

442
00:24:46,785 --> 00:24:49,425
That's being felt.

443
00:24:49,421 --> 00:24:55,131
It may not always be understood
why they're suffering,

444
00:24:55,126 --> 00:25:00,266
because of state media inside
of Russia and propaganda coming

445
00:25:00,265 --> 00:25:08,875
out of state media in Russia
and to Russian speakers.

446
00:25:08,874 --> 00:25:10,744
But the truth of the
matter is, is that

447
00:25:10,742 --> 00:25:12,912
the Russian people
would greatly benefit.

448
00:25:12,911 --> 00:25:15,781
And, ironically, one of the
rationales that Mr. Putin

449
00:25:15,780 --> 00:25:19,180
provided for his
incursions into Ukraine

450
00:25:19,184 --> 00:25:21,924
was to protect Russian
speakers there.

451
00:25:21,920 --> 00:25:24,920
Well, Russian speakers inside
of Ukraine are precisely

452
00:25:24,923 --> 00:25:29,223
the ones who are bearing
the brunt of the fighting.

453
00:25:29,227 --> 00:25:30,527
Their economy has collapsed.

454
00:25:30,528 --> 00:25:32,128
Their lives are disordered.

455
00:25:32,130 --> 00:25:33,330
Many of them are displaced.

456
00:25:33,331 --> 00:25:36,271
Their homes may
have been destroyed.

457
00:25:36,268 --> 00:25:37,798
They're suffering.

458
00:25:37,802 --> 00:25:41,202
And the best way for
them to stop suffering

459
00:25:41,206 --> 00:25:47,276
is if the Minsk agreement
is fully implemented.

460
00:25:48,980 --> 00:25:50,520
Oh, immigration.

461
00:25:50,515 --> 00:25:53,385
With respect to
immigration, obviously,

462
00:25:53,385 --> 00:25:58,185
I'm frustrated by a district
court ruling that now

463
00:25:58,189 --> 00:26:00,829
is winding its way through
the appeals process.

464
00:26:00,825 --> 00:26:08,235
We are being as aggressive
as we can legally to,

465
00:26:08,233 --> 00:26:10,603
first and foremost,
appeal that ruling,

466
00:26:10,602 --> 00:26:15,272
and then to implement those
elements of immigration

467
00:26:15,273 --> 00:26:19,643
executive actions that were
not challenged in court.

468
00:26:19,644 --> 00:26:22,344
But, obviously,
the centerpiece,

469
00:26:22,347 --> 00:26:25,717
one of the key provisions
for me was being able

470
00:26:25,717 --> 00:26:30,857
to get folks who are
undocumented to go through

471
00:26:30,855 --> 00:26:33,955
a background check --
criminal background check --

472
00:26:33,959 --> 00:26:38,429
pay back taxes, and then
have a legal status.

473
00:26:38,430 --> 00:26:43,470
And that requires an entire
administrative apparatus

474
00:26:43,468 --> 00:26:48,578
and us getting them to
apply and come clean.

475
00:26:48,573 --> 00:26:52,213
I made a decision, which
I think is the right one,

476
00:26:52,210 --> 00:26:56,550
that we should not accept
applications until

477
00:26:56,548 --> 00:26:59,918
the legal status of
this is clarified.

478
00:26:59,918 --> 00:27:01,358
I am absolutely
convinced this

479
00:27:01,353 --> 00:27:06,623
is well within my
legal authority,

480
00:27:06,624 --> 00:27:10,224
Department of Homeland
Security's legal authority.

481
00:27:10,228 --> 00:27:15,068
If you look at the precedent,
if you look at the traditional

482
00:27:15,066 --> 00:27:19,206
discretion that the executive
branch possesses when it comes

483
00:27:19,204 --> 00:27:23,074
to applying immigration laws,
I am convinced that what we're

484
00:27:23,074 --> 00:27:25,574
doing is lawful, and
our lawyers are

485
00:27:25,577 --> 00:27:27,617
convinced that what
we're doing is lawful.

486
00:27:27,612 --> 00:27:32,782
But the United States is
a government of laws and

487
00:27:32,784 --> 00:27:37,224
separations of power, and
even if it's an individual

488
00:27:37,222 --> 00:27:40,222
district court judge who's
making this determination,

489
00:27:40,225 --> 00:27:44,025
we've got to go through the
process to challenge it.

490
00:27:44,029 --> 00:27:48,299
And until we get clarity
there, I don't want to bring

491
00:27:48,299 --> 00:27:53,239
people in, have them apply and
jump through a lot of hoops

492
00:27:53,238 --> 00:27:57,778
only to have it deferred
and delayed further.

493
00:27:57,776 --> 00:28:00,476
Of course, there's one really
great way to solve this problem,

494
00:28:00,478 --> 00:28:03,348
and that would be Congress
going ahead and acting,

495
00:28:03,348 --> 00:28:08,118
which would obviate the
need for executive actions.

496
00:28:08,119 --> 00:28:11,459
The majority of the American
people I think still

497
00:28:11,456 --> 00:28:13,596
want to see that happen.

498
00:28:13,591 --> 00:28:18,201
I suspect it will be a
major topic of the next

499
00:28:18,196 --> 00:28:20,766
presidential campaign.

500
00:28:20,765 --> 00:28:23,935
And so we will continue to
push as hard as we can

501
00:28:23,935 --> 00:28:29,505
on all fronts to fix a
broken immigration system.

502
00:28:29,507 --> 00:28:35,917
Administratively, we'll be
prepared if and when we get the

503
00:28:35,914 --> 00:28:37,814
kind of ruling that I think we
should have gotten in the first

504
00:28:37,816 --> 00:28:42,216
place about our authorities
to go ahead and implement.

505
00:28:42,220 --> 00:28:45,920
But ultimately, this
has never fully

506
00:28:45,924 --> 00:28:49,664
replaced the need
for Congress to act.

507
00:28:49,661 --> 00:28:55,231
And my hope is, is that
after a number of the other

508
00:28:55,233 --> 00:28:58,433
issues that we're working
on currently get cleared,

509
00:28:58,436 --> 00:29:05,206
that some quiet conversations
start back up again,

510
00:29:05,210 --> 00:29:07,250
particularly in the
Republican Party,

511
00:29:07,245 --> 00:29:10,115
about the shortsighted approach
that they're taking when

512
00:29:10,115 --> 00:29:12,315
it comes to immigration.

513
00:29:12,317 --> 00:29:13,017
Okay.

514
00:29:13,017 --> 00:29:15,087
Christi Parsons.

515
00:29:15,086 --> 00:29:16,826
The Press: Thank
you, Mr. President.

516
00:29:16,821 --> 00:29:19,021
More than six million
Americans may soon lose

517
00:29:19,023 --> 00:29:21,493
health insurance if the
Supreme Court this month backs

518
00:29:21,493 --> 00:29:24,363
the latest challenge to
the Affordable Care Act.

519
00:29:24,362 --> 00:29:27,062
A growing number of states are
looking for assistance as they

520
00:29:27,065 --> 00:29:29,835
face the prospect that their
residents may lose federal

521
00:29:29,834 --> 00:29:33,974
insurance subsidies and their
insurance markets may collapse.

522
00:29:33,972 --> 00:29:36,972
Yet, your administration
has given very little

523
00:29:36,975 --> 00:29:40,015
to no guidance on how
states can prepare.

524
00:29:40,011 --> 00:29:42,511
What can you tell state
leaders and advocates

525
00:29:42,514 --> 00:29:45,154
who worry that health care
markets in half the country

526
00:29:45,150 --> 00:29:46,920
may be thrown into chaos?

527
00:29:46,918 --> 00:29:49,518
President Obama: What I
can tell state leaders

528
00:29:49,521 --> 00:29:58,531
is, is that under
well-established precedent,

529
00:30:00,064 --> 00:30:08,574
there is no reason why
the existing exchanges

530
00:30:08,573 --> 00:30:14,983
should be overturned
through a court case.

531
00:30:14,979 --> 00:30:18,449
It has been well documented
that those who passed this

532
00:30:18,449 --> 00:30:23,859
legislation never intended
for folks who were going

533
00:30:23,855 --> 00:30:26,825
through the federal
exchange not to have their

534
00:30:26,824 --> 00:30:29,464
citizens get subsidies.

535
00:30:29,460 --> 00:30:31,160
That's not just
the opinion of me;

536
00:30:31,162 --> 00:30:33,702
that's not just the
opinion of Democrats;

537
00:30:33,698 --> 00:30:34,998
that's the opinion of the
Republicans who worked

538
00:30:34,999 --> 00:30:37,769
on the legislation.

539
00:30:37,769 --> 00:30:40,469
The record makes it clear.

540
00:30:40,471 --> 00:30:47,041
And under well-established
statutory interpretation,

541
00:30:47,045 --> 00:30:53,285
approaches that have been
repeatedly employed -- not just

542
00:30:53,284 --> 00:30:57,994
by liberal, Democratic judges,
but by conservative judges

543
00:30:57,989 --> 00:31:04,659
like some on the current
Supreme Court -- you interpret

544
00:31:04,662 --> 00:31:07,632
a statute based on what
the intent and meaning

545
00:31:07,632 --> 00:31:12,472
and the overall structure of
the statute provides for.

546
00:31:12,470 --> 00:31:18,740
And so this should
be an easy case.

547
00:31:18,743 --> 00:31:20,243
Frankly, it probably
shouldn't even have

548
00:31:20,245 --> 00:31:21,945
been taken up.

549
00:31:21,946 --> 00:31:27,156
And since we're going to
get a ruling pretty quick,

550
00:31:27,151 --> 00:31:33,091
I think it's important for us
to go ahead and assume that

551
00:31:33,091 --> 00:31:36,531
the Supreme Court is going to
do what most legal scholars

552
00:31:36,527 --> 00:31:40,397
who've looked at this
would expect them to do.

553
00:31:40,398 --> 00:31:43,968
But, look, I've said before
and I will repeat again: If,

554
00:31:43,968 --> 00:31:48,408
in fact, you have a contorted
reading of the statute

555
00:31:48,406 --> 00:31:57,646
that says federal-run
exchanges don't provide

556
00:31:57,649 --> 00:32:02,149
subsidies for folks who
are participating in those

557
00:32:02,153 --> 00:32:06,893
exchanges, then that throws off how that exchange operates.

558
00:32:06,891 --> 00:32:12,301
It means that millions of
people who are obtaining

559
00:32:12,297 --> 00:32:16,597
insurance currently with
subsidies suddenly aren't

560
00:32:16,601 --> 00:32:19,071
getting those subsidies; many
of them can't afford it;

561
00:32:19,070 --> 00:32:24,380
they pull out; and the assumptions that the insurance

562
00:32:24,375 --> 00:32:27,075
companies made when they
priced their insurance

563
00:32:27,078 --> 00:32:28,948
suddenly gets thrown
out the window.

564
00:32:28,946 --> 00:32:31,316
And it would be disruptive
-- not just, by the way,

565
00:32:31,316 --> 00:32:34,356
for folks in the
exchanges, but for those

566
00:32:34,352 --> 00:32:36,892
insurance markets in
those states, generally.

567
00:32:36,888 --> 00:32:40,728
So it's a bad idea.

568
00:32:40,725 --> 00:32:46,635
It's not something that should
be done based on a twisted

569
00:32:46,631 --> 00:32:51,371
interpretation of four words
in -- as we were reminded

570
00:32:51,369 --> 00:32:55,369
repeatedly -- a
couple-thousand-page

571
00:32:55,373 --> 00:32:58,413
piece of legislation.

572
00:32:58,409 --> 00:33:00,749
What's more, the
thing is working.

573
00:33:00,745 --> 00:33:02,645
I mean, part of what's
bizarre about this whole

574
00:33:02,647 --> 00:33:07,317
thing is we haven't had a lot
of conversation about the

575
00:33:07,318 --> 00:33:10,588
horrors of Obamacare because
none of them come to pass.

576
00:33:10,588 --> 00:33:14,188
You got 16 million people
who've gotten health insurance.

577
00:33:14,192 --> 00:33:15,962
The overwhelming
majority of them are

578
00:33:15,960 --> 00:33:17,900
satisfied with the
health insurance.

579
00:33:17,895 --> 00:33:19,865
It hasn't had an adverse
effect on people who

580
00:33:19,864 --> 00:33:22,334
already had
health insurance.

581
00:33:22,333 --> 00:33:24,773
The only effect it's had on
people who already had health

582
00:33:24,769 --> 00:33:26,209
insurance is they now have an
assurance that they won't

583
00:33:26,204 --> 00:33:28,374
be prevented from getting
health insurance if they've

584
00:33:28,373 --> 00:33:30,243
got a preexisting condition,
and they get additional

585
00:33:30,241 --> 00:33:33,741
protections with the health
insurance that they do have.

586
00:33:33,745 --> 00:33:37,545
The costs have come in
substantially lower than

587
00:33:37,548 --> 00:33:41,758
even our estimates about
how much it would cost.

588
00:33:41,753 --> 00:33:47,123
Health care inflation
overall has continued

589
00:33:47,125 --> 00:33:50,425
to be at some of the
lowest levels in 50 years.

590
00:33:50,428 --> 00:33:53,028
None of the predictions
about how this wouldn't

591
00:33:53,030 --> 00:33:56,370
work have come to pass.

592
00:33:56,367 --> 00:34:06,047
And so I'm -- A, I'm optimistic
that the Supreme Court

593
00:34:06,043 --> 00:34:11,383
will play it straight when it
comes to the interpretation.

594
00:34:11,382 --> 00:34:14,222
And, B, I should mention
that if it didn't,

595
00:34:14,218 --> 00:34:17,988
Congress could fix
this whole thing with

596
00:34:17,989 --> 00:34:21,689
a one-sentence
provision.

597
00:34:21,692 --> 00:34:26,432
But I'm not going to go
into a long speculation

598
00:34:26,431 --> 00:34:29,601
anticipating disaster.

599
00:34:29,600 --> 00:34:31,400
The Press: But you're a
plan-ahead kind of guy.

600
00:34:31,402 --> 00:34:33,802
Why not have a plan B?

601
00:34:33,805 --> 00:34:36,445
President Obama: Well,
you know, I want to just

602
00:34:36,441 --> 00:34:44,251
make sure that everybody
understands that you

603
00:34:44,248 --> 00:34:48,418
have a model where all
the pieces connect.

604
00:34:48,419 --> 00:34:57,329
And there are a whole bunch
of scenarios not just

605
00:34:57,328 --> 00:34:59,898
in relation to health care,
but all kinds of stuff

606
00:34:59,897 --> 00:35:05,307
that I do, where if somebody
does something that

607
00:35:05,303 --> 00:35:11,873
doesn't make any sense,
then it's hard to fix.

608
00:35:11,876 --> 00:35:14,246
And this would be
hard to fix.

609
00:35:14,245 --> 00:35:17,385
Fortunately, there's no
reason to have to do it.

610
00:35:17,381 --> 00:35:19,421
It doesn't need fixing.

611
00:35:19,417 --> 00:35:20,487
All right?

612
00:35:20,485 --> 00:35:21,385
Thank you very much.

613
00:35:21,385 --> 00:35:23,085
Thank you to the people
of Germany and Bavaria.

614
00:35:23,087 --> 00:35:24,557
You guys were
wonderful hosts.