Transcript: Rep. John Boehner Speaks to Diane Sawyer

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Following Tuesday's historic election that will return the House of Representatives to Republican control, House Minority Leader John Boehner, the man expected to be the next Speaker, spoke with ABC's Diane Sawyer about the results. The following is a transcript of their conversation, edited for clarity:

DIANE SAWYER: So, it's Thursday. How does it feel two days later?

JOHN BOEHNER: It feels fine.

DIANE SAWYER: Fine?

JOHN BOEHNER: It just feels fine. I've been very calm through all of this -- for the last month or six weeks -- leading up to the election. And since the election. Know a lot of -- hoopla. But I'm -- calm, confident, and know that if I listen to the American People and -- be myself, this job will go just fine.

DIANE SAWYER: You've been looking at the President's face. Do you feel he got the message you felt that you were sending?

JOHN BOEHNER: Well, I didn't see the President's press conference on Wednesday. But I've read a little bit about it. And -- there seems to be some denial on the part of the President, and other Democrat leaders. The message that was sent by the American People. When -- when you have the most historic election in over 60-70 years -- you would think that -- the other party would understand that the American People have clearly repudiated -- the policies that they put forward the last two years.

DIANE SAWYER: The President's extended an invitation to come meet together. What's the first sentence you're gonna say to him?

JOHN BOEHNER: Hello. Nice to see you. Now, listen, I have no personal animosity at all towards the President. I get along well with him. And while we disagree, we try to do it in a way that's -- neither one of us are disagreeable.

DIANE SAWYER: But you haven't talked often in this two years, have you? Been together often?

JOHN BOEHNER: No, usually in a larger group of -- the rest of the leaders. But we get along fine. Just -- we just have differences -- over what the appropriate role of the federal government ought to be.

DIANE SAWYER: The President said today, because he spoke again today in the cabinet room that he said that -- that the American people are saying that they do not want gridlock. And we can't afford squabbling. Agreed? No gridlock.

JOHN BOEHNER: I don't want gridlock. I don't want squabbling.

DIANE SAWYER: No squabbling?

JOHN BOEHNER: But I -- I'm gonna listen to what the American people had to say. The American people think the government in Washington is too big. That it spends too much. And -- and that it's totally out of control. They want something done about it. And I came here 20 years ago to fight for a smaller, less costlier, and more accountable federal government.

DIANE SAWYER: And let me just get a sense on a few of these critical issues, at this moment, where you stand. Jobs. How many -- new jobs can you create and how soon?

JOHN BOEHNER: Well, as a former small businessperson -- I understand what's going on, I think in the business community. And businesspeople around the country are looking at all the spending and all the debt. They're looking at all the policies coming out of this Congress and this administration the last two years, and they -- it's created all this uncertainty. And until the uncertainty starts to go away --

DIANE SAWYER: So, how long will that take? Will it take one -- till February of next year? Will it take --

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