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President Obama's news conference -- full text

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We have rejected the false choice between our security and our ideals by closing the detention center at Guantanamo Bay and banning torture without exception.

And we've renewed our diplomatic efforts to deal with challenges ranging from the global economic crisis to the spread of nuclear weapons.

So I think we're off to a good start, but it's just a start. I'm proud of what we've achieved, but I'm not content. I'm pleased with our progress, but I'm not satisfied.

Millions of Americans are still without jobs and homes, and more will be lost before this recession is over. Credit is still not flowing nearly as freely as it should. Countless families and communities touched by our auto industry still face tough times ahead. Our projected long-term deficits are still too high, and government is still not as efficient as it needs to be.

We still confront threats ranging from terrorism to nuclear proliferation, as well as pandemic flu. And all this means you can expect an unrelenting, unyielding effort from this administration to strengthen our prosperity and our security in the second hundred days, in the third hundred days and all of the days after that.

You can expect us to work on health care reform that will bring down costs while maintaining quality, as well as energy legislation that will spark a clean-energy revolution. I expect to sign legislation by the end of this year that sets new rules of the road for Wall Street, rules that reward drive and innovation, as opposed to shortcuts and abuse.

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