• This is a rush transcript from "On the Record," April 2, 2013. This copy may not be in its final form and may be updated.

    GRETA VAN SUSTEREN, FOX NEWS HOST: Tonight: The O.K. Corral, a showdown in the White House briefing room. It's Fox's Ed Henry versus press secretary Jay Carney!

    (BEGIN VIDEO CLIP)

    ED HENRY, FOX NEWS WHITE HOUSE CORRESPONDENT: Can you give us an update on the sequester because yesterday, the Customs and border protection (INAUDIBLE) said that they're actually postponing furloughs and overtime cuts for border patrol agents. I thought in February, when Secretary Napolitano came out here with you, she told us it was dire, these border patrol agents were going to be furloughed and that we were going to be less safe because of that.

    JANET NAPOLITANO, HOMELAND SECURITY SECRETARY: Look, I don't think we can maintain the same level of security at all places around the country with sequester as without sequester.

    JAY CARNEY, WHITE HOUSE PRESS SECRETARY: Well, I think both are true. What is -- what is a fact is that when you're dealing with these kinds of across-the-board forced budget cuts in the middle of the fiscal year and you're having to make all sorts of adjustments to account for them and to reduce your expenditures accordingly, you know, it's a moving picture. And you know, what -- and that can be on the plus side where furloughs may take place a little later or on the minus side, where things may be more immediate.

    NAPOLITANO: Yes, it'll be like a rolling ball. It'll keep growing.

    CARNEY: Feel free to convey to your readers and viewers that the sequester doesn't matter and then -- and then explain...

    (CROSSTALK)

    CARNEY: ... then explain...

    (CROSSTALK)

    CARNEY: ... said it wasn't dire.

    HENRY: The secretary came in here and said that we were going to be less safe!

    NAPOLITANO: Put simply, the automatic budget reduction mandated by sequestration would be disruptive and destructive to our nation's security and economy.

    CARNEY: People were going to be crossing the border because there were less border patrol agents. And then they announced yesterday, Actually, we're not doing that. So I'm not saying it's not important. I'm saying -- I'm saying...

    HENRY: (INAUDIBLE) mislead the public.

    CARNEY: Absolutely not. And I'm saying that this is -- I mean, you're editorializing enormously in that, but the...

    HENRY: How so?

    (CROSSTALK)

    HENRY: February 25th, she said...

    NAPOLITANO: If you have 5,000 fewer border patrol hours or agents, you have 5,000 fewer border patrol agents. That has a real impact.

    HENRY: Those are her words.

    CARNEY: Right.

    HENRY: It's not politicized. And how is that not the case? They announced yesterday they're not doing that!

    CARNEY: Well, but there are reductions, and whether it's those border patrol...

    (CROSSTALK)

    CARNEY: Go ahead and report that, Ed. We've make clear -- listen...

    HENRY: (INAUDIBLE) 5,000.

    NAPOLITANO: If you have 5,000 fewer border patrol hours or agents, you have 5,000 fewer border patrol agents. That has a real impact.

    HENRY: And we're not doing that.

    CARNEY: Talk to the -- talk to those who have been laid off in the defense industries. Talk to those who have been furloughed in the...

    (CROSSTALK)

    CARNEY: Look, you can obviously go to DHS and...

    HENRY: Yes, she said we're going to be less safe.

    CARNEY: Right.

    (END VIDEO CLIP)

    VAN SUSTEREN: Well, it certainly seems like a simple question! Did Homeland Security Secretary Janet Napolitano and the Obama administration intentionally mislead us or not?

    Former congressman Allen West joins us. Nice to see you, sir.