• Special Guests: House Republican leader John Boehner, Congressman Kevin McCarthy, Majority Leader Steny Hoyer

     

    The following is a rush transcript of the September 26, 2010, edition of "Fox News Sunday With Chris Wallace." This copy may not be in its final form and may be updated.

    CHRIS WALLACE, ANCHOR: House Republicans make a pledge to America, telling what they'll do if they win back control in November. Will the plan help the country? Will it help the GOP? We'll ask House Republican leader John Boehner, Congressman Kevin McCarthy and Majority Leader Steny Hoyer. Boehner, McCarthy and Hoyer, only on "Fox News Sunday."

    Also, while President Obama talks peace at the U.N., a new book details bitter struggles inside his war cabinet. We'll ask our Sunday panel about the president's foreign policy.

    And our Power Player of the Week, a political wiz kid, runs the...

    (AUDIO/VIDEO GAP)

    WALLACE: ... five-page document Thursday that lays out their legislative agenda. The plan calls for smaller and more limited government, repeal of President Obama's health care reform...

    (AUDIO/VIDEO GAP)

    WALLACE: ... nothing more than what he calls the worn-out philosophy of President Bush. The fact is you do go back to the Bush budget. You would extend the Bush tax cuts. Congressman Boehner, how does this document show that the GOP has changed since the last election?

    BOEHNER: Well, I think it's pretty clear, if you look at what's been going on here in Washington, with all the spending, all the debt, all the government...

    (AUDIO/VIDEO GAP)

    WALLACE: ... a number of conservatives aren't buying this. Let's take a look at what Erick Erickson of the conservative Web site RedState had to say about this document.

    (AUDIO/VIDEO GAP)

    WALLACE: "... keep making Washington fatter before we crash from the sugar high."

    MCCARTHY: Well, but the National Review says it's...

    (AUDIO/VIDEO GAP)

    MCCARTHY: ... Wall Street Journal says it will do more to strengthen the federal government. Just like when the contract came out...

    (AUDIO/VIDEO GAP)

    MCCARTHY: ... part that will shrink government, take away the uncertainty. The number one reason out there why jobs are not being created -- uncertainty. They don't know what's going to happen with the taxes. They don't know what's going to happen from regulation. This could rein it all in. I mean, Washington is spending more time with comedians...

    (AUDIO/VIDEO GAP)

    BOEHNER: ... we have a moratorium on earmarks. And I can tell you that if Republicans win the majority in November, it will not be business as usual here in Congress. And the earmark...

    WALLACE: But let me ask you about...

    BOEHNER: ... the earmark...

    WALLACE: Let me ask you about that.

    BOEHNER: ... earmark moratorium...

    WALLACE: It's a -- it's a one-year moratorium that ends...

    BOEHNER: It's in place. And why wouldn't the Democrats this year join us...

    WALLACE: OK.

    BOEHNER: ... in a one-year moratorium?

    WALLACE: But it's a one-year moratorium that ends in March. A number of your top leaders, including Congressman Jerry Lewis, who likely will be the chairman of the House Appropriations Committee, wants earmarks back. Why -- are you willing to pledge right now if you take over the House, the Republicans do, earmarks will be gone forever?

    BOEHNER: It will not be business as usual in Washington, D.C.

    WALLACE: That's not answering my question, sir.

    BOEHNER: It will not be. Listen, you know me. I've never asked for an earmark in the 20 years I've been in Congress.

    WALLACE: But a lot of your colleagues have.

    BOEHNER: I understand. It will not be business as usual.

    WALLACE: All right. Congressman McCarthy, let's drill down into some of the spending cuts...

    MCCARTHY: Yes.

    WALLACE: ... that you propose in this document. You talk about cutting non-defense discretionary spending which is only 16 percent of the federal budget. And you talk about cutting $100 billion from that pot next year, which would amount to a 22 percent cut in those programs.

    You say you want to cut across the board. According to the White House, that means 200,000 kids would be kept out of Head Start. The FBI would cut 2,700 agents. And the government would detain thousands fewer illegal immigrants.