(CNN) - If John McCain captures the White House in November, the Arizona senator might not be the only happy party: in a new People magazine interview, Barack Obama tells the magazine that he suspects his own daughters might be relieved if his presidential bid falls short.
"They have a wonderful life in Chicago," he said, in an interview released Friday. "So I'm sure there's a part of them that won't be heartbroken if things don't work out."
That life includes a jam-packed schedule of dance, gymnastics and piano lessons, plus soccer and tennis - but it isn’t all fun and games. The Obamas may spend “hundreds” on slumber parties – but they don’t give their daughters Christmas or birthday presents, in order to "teach some limits."
"Malia says, 'I know there is a Santa because there's no way you'd buy me all that stuff,'" says Michelle Obama.
And the girls’ $1 weekly allowance depends on their completion of household chores like clearing the dinner table, and making their own beds ("Doesn't have to look good, just throw the sheet over it," says Michelle Obama.) Bedtime is 8:30 each night.
Barack Obama said, after an "Access Hollywood" interview of his daughters earlier this month, that he regretted the decision to allow the girls to speak to the press. "I don't think it's healthy and it's something that we'll be avoiding in the future," he said.
But despite the glare of the media spotlight over the course of the campaign season, "I've been really happy by how nonplussed they've been by the whole thing," says Obama.
"When some folks were attacking Michelle, Malia just asked, 'What was that all about?' And we talked it through," he says, adding that "She’s completely confident about her mommy’s wonderfulness."