RYAN: This had nothing to do with a video.
O'REILLY: But they didn't believe Hicks.
RYAN: Yes. Yet they pushed this story for -- for days and weeks. And the question is who made those decisions? Who made those decisions to mislead the country on these issues? And that's what we have to get to the bottom of.
O'REILLY: Well the night of the assassination and the three other Americans were killed as well. President Clinton called -- President Obama called Hillary Clinton.
O'REILLY: At night.
O'REILLY: We need to know what that conversation was.
RYAN: That's what -- that's what an investigation is all about. That's what the congressional investigators are doing. That's what the document --
O'REILLY: I don't know if you will ever get that because that's you know they're not going to --
RYAN: Well there is a -- there is a point at which they might invoke privilege and then we are going to have to have a big debate about that.
O'REILLY: Right. Do you see this damaging President Obama so that the Republican Party will take control of Congress in 2014?
RYAN: It's -- Bill, it's just way too premature to make a comment like that.
O'REILLY: Ok because this is a low point of the Obama administration now.
RYAN: The point is this is an arrogant abuse of power. You know one of the problems Mitt Romney and I had in the last election was we were debating against big government theory. We had to compete against the promise and the rhetoric of President Obama.
Well now in his second term, now that he's implementing his agenda we are seeing big government in practice.
O'REILLY: Ok but the bigger problem that you and the Governor had was you were not only campaigning against Barack Obama but the American press.
RYAN: Except for Bill O'Reilly and Fox News.
O'REILLY: Well, we're fair here and I think you know that.
RYAN: I know. No I'm just having fun with you. But --
O'REILLY: Right but -- but now, the press may be turning. Have you noticed that?
RYAN: I think when you see the James Rosen case, the AP case.
RYAN: The press understands the First Amendment extremely well and I think they take that one extremely seriously and you just can't hide from the fact that this IRS abuse is arrogant and obnoxious. The question is --
O'REILLY: It's dangerous.
RYAN: -- who knew about it, how systemic and how widespread was it and it's an abuse of power.
O'REILLY: Will you -- will you keep THE FACTOR posted here.
O'REILLY: All right, Congressman good to see you. Thank you for coming in.
RYAN: My pleasure.
O'REILLY: Next on the rundown Bob Beckel will reply to Mr. Ryan.
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