President Biden speaks on his accomplishments and hopes for the future

The transcript discusses the enduring idea of America, emphasizing its identity and foundational beliefs. It highlights America's concept as a powerful idea, rooted in equality and inalienable rights, and stresses the importance of not abandoning these principles.

What does the speaker mean by stating that America is an idea?

What is the significance of the phrase 'we hold these truths to be self-evident'?