"This struggle continues today, for even as we face extraordinary challenges as a nation, we cannot and will not put aside issues of basic equality," he said, "We seek an America in which no one feels the pain of discrimination based on who you are or who you love."
Many gay and lesbians believe the President has been slow to act on major issues like the military's Don't Ask, Don't Tell policy, and the Defense of Marriage Act. The President asked the group to focus on what has been accomplished so far.
"I know that many in this room don't believe that progress has come fast enough, and I understand that," he said, "But I say this: We have made progress. And we will make more."
President Obama continued, "there are unjust laws to overturn and unfair practices to stop, among those the 'Defense of Marriage Act."
He ended his speech with a promise to champion their cause in the days to come.
"I want you to know that, in this task, I will not only be your friend; I will continue to be an ally and a champion and a president who fights with you and for you."
On a side note, when White House Press Secretary was asked about the events at an earlier Press Conference, Mr. Gibbs looked uncomfortable talking about the first ever White House Gay Pride event, come on Gibbs, get on board.