The Obamas touched on a variety of subjects during Walters' exclusive White House interview. So far, ABC has released some of the following presidential insights:
Sasha, 12 is not yet old enough to be a Facebook user while 15 year-old Malia has limited access to social media. "I still am not a big believer in Facebook for young people…particularly for them, because they're in the public eye... "Some of its stuff they don't need to see and be a part of… So we try to protect them from too much of the public voice."
"I absolutely don't [have the patience for the job]."
"I continue to believe and [I'm] absolutely convinced that at the end of the day, people are going to look back at the work we've done to make sure that in this country, you don't go bankrupt when you get sick, that families have that security... That is going be a legacy I am extraordinarily proud of."
Obama's second term will wrap up in 2017. At that time, family needs will dictate where the Obamas make their new home. Sasha, the youngest daughter, will still be in high school while her older sister Malia will be in college. Their father admitted that "Sasha will have a big say in where we are" because, after all, his daughters have already "made a lot of sacrifices on behalf of my cockamamie ideas, the running for office and things" and that removing Sasha from her high school friends might be too much of a sacrifice.
"And it's been an incredible legacy but JFK in particular, I think, captured the idealism, the ability to imagine and remake America to meets its ideals, in a way we haven't seen before or since... And I don't know of anyone who has had that same impact on a generation and inspired so many people as JFK has... I think that partly because of his youth, partly, and his grace, partly because of his courage and his history in World War II, partly because of his eloquence and partly because of the time. Because there was a shift from the post-World War II generation into the future... He really moved people in a way that still resonates with us today."
2014: The Year in Music [PHOTOS]