Transcript: Mitt and Ann Romney's Interview With Diane Sawyer

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I remember speaking with-- President George W. Bush and-- and he spoke about being in the treaty room in the White House (I think it was called the treaty room, but-- on the second floor), and-- and he said he-- he would occ-- occasionally go there and-- and-- and wonder what prior presidents would say, what their counsel would be. I mean, there's nothing you would enjoy more than hearing the counsel of-- of people of-- of wisdom and experience.

ANN ROMNEY: We would not be here today if it were not for George Romney because he set a pattern of how you serve and what you do. And I-- I just-- I know we-- never would have even occurred to us to run for political office if it had not been for George Romney.

DIANE SAWYER: What's the thing he said to you you remember most?

ANN ROMNEY: You know, he loved me. And-- I'll never forget that, how much he cared for me. And he was a great example for me. He made me a better person. He made me try harder. He made me work harder. He made me reach higher--

MITT ROMNEY: Tell her-- tell her when you asked Dad when he was what, 88--

ANN ROMNEY: Yeah, I said, "You know-- Dad, you've been so many-- you've done so much amazing-- so many amazing things in your life. You've been president of American Motors, you were Governor, Secretary of Housing and Urban Development and you ran for president. What was, like, to you the crowning achievement in your life?" And he turned to me and in all seriousness he said, "Being a father." And I love that because really when you look back on your life and you think of what gives you the greatest satisfaction and what gives you the greatest purpose and where you feel like you made the greatest-- accomplishment, and that was as a father. And that was a great thing to hear from him.

DIANE SAWYER: So in this moment, as it begins toward November, what would each of you say to President and Mrs. Obama?

MITT ROMNEY: Well, start packing. That's what I'd like to-- like to say. Obviously we have a very different view. The-- the president I'm-- I'm sure-- wants another four years. But the first years didn't go so well. And-- and I'd say, "Mr. President, focus on your policies and ask did they make it more likely for businesses to start? Did your policies make it more likely for businesses to hire people? Did your policies make it more likely for people to have rising wages?" And if he looks back honestly and looks at his policies he'll say, you know what? His policies have not helped the American people. They have not helped get jobs, they have not helped raise incomes and they've added trillions of dollars of debt. He has guided America in the wrong direction and it's time for us to return to the principles of freedom and opportunity that got this nation where it is today.

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