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.

“When I was first elected Speaker, I called the House to order on behalf of America’s children. As I now prepare to hand over the gavel, I know one thing above all else. We have stood for those children and for their families — for their health, their education, the safety of the air they breathe, the water they drink, and the food they eat.”

Reporters on Tuesday asked Pelosi to reflect on her last day as Speaker and whether she wishes she did anything differently.

"I don't really look back," Pelosi said. "I look forward. And we look forward to, as I said before, being a willing partner in solving the problems of the American people."

As for the new Republican majority, Pelosi said, "I wish them success. I look forward to working with them. But that's the key — we look forward."