The President of the United States urges illegal aliens to vote, promises no repercussions. Reporter asks Obama whether "Dreamers" - illegal aliens - should fear the INS tracking them down if they vote. Not a problem, he assures her, and them.
UPDATE: Snopes has the actual transcript and Obama did not say this - the tape was edited. I'm leaving this post up so readers won't wonder what happened to it, but it's wrong.