Transcript: Barbara Walters Interviews the Obamas

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FIRST LADY MICHELLE OBAMA: It's like, well, well—stay out of my closet! Still, we, I think he…

PRESIDENT BARACK OBAMA: I'm not rifling through your closet, but I…

FIRST LADY MICHELLE OBAMA: But he'll, he'll definitely notice.

PRESIDENT BARACK OBAMA: …Will notice.

FIRST LADY MICHELLE OBAMA: He'll say that, that looks good.

PRESIDENT BARACK OBAMA: She's got to sneak in something, you know…

FIRST LADY MICHELLE OBAMA: Like, that's not new.

PRESIDENT BARACK OBAMA: She's got that old strategy—no, no, that's old.

FIRST LADY MICHELLE OBAMA: Yeah.

BARBARA WALTERS: Yeah.

PRESIDENT BARACK OBAMA: Meaning that she bought it a month ago, it's the first time she's wearing it, but…

FIRST LADY MICHELLE OBAMA: Technically.

PRESIDENT BARACK OBAMA:…Technically it's not brand new.

FIRST LADY MICHELLE OBAMA: It's not new.

BARBARA WALTERS: But that's a problem, isn't it?

FIRST LADY MICHELLE OBAMA: What?

BARBARA WALTERS: Having to have, you know, different clothes, and, and, and black tie…?

FIRST LADY MICHELLE OBAMA: You know, that, that…

PRESIDENT BARACK OBAMA: The black tie is probably not the biggest…

FIRST LADY MICHELLE OBAMA: Yeah, really, it's like…That is, that is not a, you know, I mean…

PRESIDENT BARACK OBAMA: Yeah. We, we, we, we don't spend a lot of time, uh, feeling sorry for ourselves…

FIRST LADY MICHELLE OBAMA: No, no.

PRESIDENT BARACK OBAMA:…In terms of, in terms of just life in the White House.

FIRST LADY MICHELLE OBAMA: Right.

PRESIDENT BARACK OBAMA: Because obviously, you know, the staff here does unbelievable work, and you know, our kids are happy and healthy, and well-fed, and we've got…

FIRST LADY MICHELLE OBAMA: No, we, we know how blessed we are.

PRESIDENT BARACK OBAMA: We, we've got a pretty good deal, so we don't worry about it.

FIRST LADY MICHELLE OBAMA: You know, coming from, you know…

PRESIDENT BARACK OBAMA: Coming from where we came from, we're doing fine.

FIRST LADY MICHELLE OBAMA: It's good.

BARBARA WALTERS: Yeah.

FIRST LADY MICHELLE OBAMA: It's good. No complaints.

BARBARA WALTERS: What do you do when you're under stress? Do you have a glass of wine? Do you…

BARBARA WALTERS: I don't know, what do you do? Exercise?

PRESIDENT BARACK OBAMA: Yeah, you know, I, I've been pretty religious about exercising.

FIRST LADY MICHELLE OBAMA: Yeah.

PRESIDENT BARACK OBAMA: And Michelle is too. And so that helps relieve stress.

BARBARA WALTERS: Mm-hmm.

PRESIDENT BARACK OBAMA: Spending time with the kids…

FIRST LADY MICHELLE OBAMA: Yeah, that's the, the key.

PRESIDENT BARACK OBAMA: …I mean, when you're stressed. You know, they, they are just, they're funny, they're smart, they're happy…

FIRST LADY MICHELLE OBAMA: They rock you back into what's important.

PRESIDENT BARACK OBAMA: You know, they tease ya. You know, they, they, they just refocus me. So…

FIRST LADY MICHELLE OBAMA: They laugh at the way you eat.

PRESIDENT BARACK OBAMA: Right, exactly. So, the most important things for me over the last two years, in terms of stress reduction, is the fact that if I'm here in Washington, I'm having dinner at 6:30, just about every night. And sitting around that table, listening to them, and trying to answer their questions, that keeps my bearings.

BARBARA WALTERS: Do you ever curse?

PRESIDENT BARACK OBAMA: Oh yeah.

BARBARA WALTERS: You do curse.

PRESIDENT BARACK OBAMA: Absolutely.

BARBARA WALTERS: When was the last time you cursed?

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