• With: Rep. Chaka Fattah, D-Pa.

    NEIL CAVUTO, HOST OF, “YOUR WORLD”: Jobs bill dead, the fear game, though, pretty much alive and well.

    (BEGIN VIDEO CLIP)

    UNIDENTIFIED MALE: What we have witnessed across America in the last several weeks are our citizens taking to the streets, born out of frustration.

    JOSEPH BIDEN, VICE PRESIDENT OF THE UNITED STATES: This is a perfect storm, man. And what a perfect storm is reduced budgets, reduced manpower, decimated neighborhoods and the rise in crime. That is a witch’s brew. That is a mixture for a cancer in a city.

    PRESIDENT OBAMA: The American people are desperate for some relief right now.

    (END VIDEO CLIP)

    CAVUTO: Defeated, but not done.

    Welcome, everybody. I’m Neil Cavuto.

    Desperate, frustrated, maybe just a perfect witch’s brew, Democrats suggesting crime will go up and this anti-Wall Street crowd will just stay riled up if -- if -- if the president’s $447 billion jobs bill ultimately does go down.

    It looks like it already has gone down, but my next guest says all this talk about what happens if that finally is the case is not a stretch, that there will indeed be consequences. Pennsylvania Democratic Congressman Chaka Fattah joining me now.

    Congressman, you don’t think some of the consequences that Joe Biden and others allude to are a bit overstated?

    REP. CHAKA FATTAH-D-PA.: Well, look, first of all, I’m disappointed I didn’t get invited to the 15-year anniversary, Neil.

    (LAUGHTER)

    FATTAH: But let me say this, that the biggest consequence is that families will continue to lose their homes, lose their hopes; our country will go further into debt and deficit.

    We need to get people back to work. This administration has lowered the crime rate consecutively over the last two years. They have worked hard on all of the issues important and we see real progress. There’s been some talk about the solar industry. We have 100,000 Americans working in solar that we didn’t have two years ago.

    I visited a plan in Philadelphia with Boeing where they are making helicopters there. They had 4,000 people two years ago. They now have 6,000. The problem is, is that we have a team on the other side that feels as though beating the president is more important than getting Americans back to work. And we need to work hard. Let’s pass the jobs bill.

    (CROSSTALK)

    CAVUTO: But it was many of your same colleagues, Congressman, in the Senate rejected this and who didn’t get it over the goal line. So, are they inviting, are they inviting some of the very things you’re saying Republicans are?

    (CROSSTALK)

    FATTAH: Here’s the news flash -- 26 consecutive months of private sector jobs growth, over 2.6 million new jobs. But it’s not enough. And we got 51 Democrats in the Senate to vote for the jobs bill.

    (CROSSTALK)

    CAVUTO: Congressman, we’re down a net 2.5 million jobs. We’re down 2.5 million jobs.

    FATTAH: But statistics are challenging things.

    (CROSSTALK)

    CAVUTO: No, no, actually, they’re not, Congressman. They are what they are. You can politicize them, but when we’re down 2.5 million jobs, this was rejected on the notion, sir, that this wasn’t cutting it by many in your own party. So then what?

    (CROSSTALK)

    FATTAH: Twenty-six months consecutive of private sector job growth, 2.6 million jobs. That’s a true statement.

    CAVUTO: Net-net, we’re down 2.5 million jobs.

    You and I can go back and forth on the real numbers.

    FATTAH: Well, and I understand what you’re saying.

    CAVUTO: I want to ask you this. The jobs bill itself was repudiated by many in your own party. Now, to threaten that there will be all but a civil war if we don’t repeat the errors of prior stimulus efforts, don’t you think that’s a stretch?

    FATTAH: Fifty-one senators, Democrats all, voted for the jobs bill. We lost a couple. Every single Republican voted no.

    Now, you want to focus on the handful of Democrats who voted no and I want to focus on the fact that not one Republican thought we should do anything to put Americans back to work.

    CAVUTO: No, they thought maybe -- as well as some Democrats thought that, look, repeating sins of the past that didn’t yield big results means maybe we should seek out an alternative.

    There are already Blue Democrats -- Blue Dog Democrats who later on, on this very show have an alternative to try to encourage jobs, and that is to remove the onerous tax on that money that is being kept abroad. Would you be open to that, would you be open to those who say the president’s efforts, the things that you like, sir, aren’t getting it done, so let’s try something else?

    FATTAH: Well, Neil, what I’m willing to do is to try almost anything.

    But let me say this to you, right? The American public supports the president’s jobs bill two out of every three and they support the way he wants to pay for it. There’s no other bill before the Congress. I go with Eric Cantor said. It’s really the Congress’ job to introduce bills and to get them passed and the president’s job is to sign them or not sign them.

    So we don’t have to criticize the president. Let’s have the Republican leadership come forward and say, this is our jobs bill.

    (CROSSTALK)