Pelosi will cooperate with Republicans

When she hands the gavel to Rep. John Boehner, R-Ohio, Wednesday, outgoing House Speaker Nancy Pelosi, D-Calif., also intends to offer a conditional olive branch to the new Republican majority.

According to excerpts from the speech Pelosi will deliver on the House floor shortly after noon, Democrats will go along with the GOP if their proposals create jobs, strengthen the middle class and reduce the deficit. Don’t look for Pelosi to talk about regrets in her speech as she leaves her position of power. Instead, she’ll defend the agenda she pushed for the past four years and which many ousted moderates blame for their election losses.