1. Restoring progressive taxation: "A surplus became an excuse to transfer wealth to the wealthy instead of an opportunity to invest in our future. ...In order to save our children from a future of debt, we will also end the tax breaks for the wealthiest 2 percent of Americans."
2. Regulating the financial industry: "Regulations...were gutted for the sake of a quick profit at the expense of a healthy market. ...It is time to put in place tough, new commonsense rules of the road so that our financial market rewards drive and innovation and punishes shortcuts and abuse."
3. Renewable energy: "...to truly transform our economy, to protect our security and save our planet from the ravages of climate change, we need to ultimately make clean, renewable energy the profitable kind of energy. So I ask this Congress to send me legislation that places a market-based cap on carbon pollution and drives the production of more renewable energy in America."
4. Health care reform: "When it was days old, this Congress passed a law to provide and protect health insurance for 11 million American children whose parents work full-time. ...This budget...includes a historic commitment to comprehensive health care reform, a down payment on the principle that we must have quality, affordable health care for every American."
5. Education: "I know that the price of tuition is higher than ever, which is why, if you are willing to volunteer in your neighborhood or give back to your community or serve your country, we will make sure that you can afford a higher education."
6. Protecting American jobs: "We will restore a sense of fairness and balance to our tax code by finally ending the tax breaks for corporations that ship our jobs overseas."
7. Ending the war in Iraq: "Along with our outstanding national security team, I am now carefully reviewing our policies in both wars, and I will soon announce a way forward in Iraq that leaves Iraq to its people and responsibly ends this war."
8. Caring for veterans: "...to keep our sacred trust with those who serve, we will raise their pay and give our veterans the expanded health care and benefits that they have earned."
9. Closing Guantanamo, repudiating torture: "...I have ordered the closing of the detention center at Guantanamo Bay and will seek swift and certain justice for captured terrorists because living our values doesn't make us weaker. It makes us safer, and it makes us stronger. And that is why I can stand here tonight and say without exception or equivocation that the United States of America does not torture."
10. Diplomacy: "We cannot shun the negotiating table nor ignore the foes or forces that could do us harm. ...To meet the challenges of the 21st century -- from terrorism to nuclear proliferation, from pandemic disease to cyber threats to crushing poverty -- we will strengthen old alliances, forge new ones, and use all elements of our national power."
Will Obama be able to accomplish all of these monumental goals? Given what he accurately termed "the massive debt we've inherited" and the unpredictability of domestic and foreign affairs, he faces tremendous challenges. Nevertheless, the president's priorities are the right ones. Any reversal of the Bush legacy is a step in the right direction.