President Barack Obama laid a wreath at the Tomb of the Unknowns at Arlington National Cemetery on Veterans Day, Nov. 11, 2012.

Here is an excerpt of the president's remarks:

On behalf of the American people, I say to you that the memory of your loved one carries on not just in your hearts, but in ours as well.  And I assure you that their sacrifice will never be forgotten.

For it is in that sacrifice that we see the enduring spirit of America.  Since even before our founding, we have been blessed with an unbroken chain of patriots who have always come forward to serve.  Whenever America has come under attack, you’ve risen to her defense.  Whenever our freedoms have come under assault, you’ve responded with resolve.  Time and again, at home and abroad, you and your families have sacrificed to protect that powerful promise that all of us hold so dear –- life, liberty and the pursuit of happiness.   

Today, a proud nation expresses our gratitude.  But we do so mindful that no ceremony or parade, no hug or handshake is enough to truly honor that service.  For that, we must do more.  For that, we must commit –- this day and every day -– to serving you as well as you’ve served us.

When I spoke here three years ago, I spoke about today’s generation of service members.  This 9/11 Generation who stepped forward after the towers fell, and in the years since, have stepped into history, writing one of the greatest chapters of military service our country has ever known.

You toppled a dictator and battled an insurgency in Iraq.  You pushed back the Taliban and decimated al Qaeda in Afghanistan.  You delivered justice to Osama bin Laden.  Tour after tour, year after year, you and your families have done all that this country has asked –- you’ve done that and more. 

Three years ago, I promised your generation that when your tour comes to an end, when you see our flag, when you touch our soil, you’ll be welcomed home to an America that will forever fight for you, just as hard as you’ve fought for us.  And so long as I have the honor of serving as your Commander-in-Chief, that is the promise that we will never stop working to keep.
    
This is the first Veterans Day in a decade in which there are no American troops fighting and dying in Iraq.  Thirty-three thousand of our troops have now returned from Afghanistan, and the transition there is underway.  After a decade of war, our heroes are coming home.  And over the next few years, more than a million service members will transition back to civilian life.  They’ll take off their uniforms and take on a new and lasting role.  They will be veterans. 

     As they come home, it falls to us, their fellow citizens, to be there for them and their families -- not just now but always; not just for the first few years, but for as long as they walk this Earth.

To this day, we still care for a child of a Civil War veteran.  To this day, we still care for over a hundred spouses and children of the men who fought in the Spanish-American War.  Just last year, I came here to pay tribute as Frank Buckles, the last remaining American veteran of World War I, was laid to rest.  Frank stepped up and served in World War I for two years.  But the United States of America kept its commitment to serve him for many decades that followed.

So long after the battles end, long after our heroes come home, we stay by their side.  That’s who we are.  And that’s who we’ll be for today’s returning service members and their families.  Because no one who fights for this country overseas should ever have to fight for a job, or a roof over their head, or the care that they have earned when they come home.  (Applause.)

We know the most urgent task many of you face is finding a new way to serve.  That’s why we’ve made it a priority to help you find jobs worthy of your incredible skills and talents.  That’s why, thanks to the hard work of Michelle and Jill Biden, some of our most patriotic businesses have hired or trained 125,000 veterans and military spouses.  It’s why we’re transforming, for the first time in decades, how the military transitions service members from the battlefield to the workplace.  And because you deserve to share in the opportunities you defend, we are making sure that the Post-9/11 GI Bill stays strong so you can earn a college education and pursue your dreams.  (Applause.) 

If you find yourself struggling with the wounds of war –- such as Post-Traumatic Stress Disorder or Traumatic Brain Injuries -– we’ll be there as well, with the care and treatment you need.  No veteran should have to wait months or years for the benefits that you’ve earned, so we will continue to attack the claims backlog.  We won’t let up.  We will not let up.  (Applause.)  And as we mark the 50th anniversary of the Vietnam War, we have secured new disability benefits for Vietnam-era veterans exposed to Agent Orange.  You needed it, you fought for it, and we got it done.  (Applause.)

That’s what we do in America.  We take care of our own.  We take care of our veterans.  We take care of your families.  Not just by saluting you on one day, once a year, but by fighting for you and your families every day of every year.  That’s our obligation –- a sacred obligation –- to all of you.