• With: Gov. Rick Perry, R-Texas

    This is a rush transcript from "Your World," December 15, 2011. This copy may not be in its final form and may be updated.

    NEIL CAVUTO, HOST OF “YOUR WORLD”: We indeed are five hours away from the big debate right now.

    And I am happy to have with me one of the primary participants. In fact, he’s going to be crisscrossing this state, visiting some 44 towns in record fashion, the governor of the fine state of Texas, Rick Perry, joining us.

    Governor, very good to have you.

    GOV. RICK PERRY, R-TEXAS, PRESIDENTIAL CANDIDATE: Neil, it’s good to be with you again. Thank you, sir.

    CAVUTO: Debates and you, the early going, not a great combination, but you are feeling a little better now, a little looser now? How?

    PERRY: Oh, yes. I told them, I said, let’s do a bunch more. I will come early.

    (LAUGHTER)

    (CROSSTALK)

    CAVUTO: You made fun of yourself since the beginning. Are you more comfortable now with it?

    PERRY: I am.

    Look, when you make mistakes, nobody is perfect, as a matter of fact. We have got a great debater in the White House.

    CAVUTO: Yes.

    PERRY: That is not working real well for us.

    So I’m a doer. As a matter of fact, I have got an ad on here in Iowa that talks about, I’m not a talker, I’m a doer. And it talks about the one million jobs that we have created in the state of Texas and keeping our taxes low and our regulatory climate fair and predictable.

    And we the 13th largest economy in the world, if we were a stand-alone entity in Texas. And so it’s the reason I have called for a part-time Congress. And people go, oh, well, Congress -- come on, Congress has to be up there all the time.

    No, they don’t. In our state of Texas, we work for 140 days every other year. We have a balanced budget amendment. Our legislators have real jobs back home. They go and live with their citizens that they represent.

    CAVUTO: But how much more part-time could Congress be, Governor? I mean, they had 151 working days last year. I mean, what are they going to be, like Johnny Carson?

    (CROSSTALK)

    PERRY: My deal is, let’s cut their pay.

    CAVUTO: Oh.

    PERRY: And that will keep them out town. Seriously, let them go back and get a job and work in the economy, live under the laws that they live in. And I will suggest to you, along with a balanced budget amendment to the United States Constitution, those two things would do more to overhaul Washington, D.C., than anything I have heard anyone talking about.

    CAVUTO: Now, you have argued that you have got to make your stake in Iowa. And we notice here just since we have arrived, Governor, your ads are everywhere, and I mean everywhere. I think you have more ads than any of the other candidates. Am I right?

    PERRY: I may.

    I am introducing myself to the people of Iowa. And I want them to be introduced to me as straightforward as I can, with as few filters as I can. And one of the ways is -- obviously is to have those ads up. And so, you bet. Iowa is important.

    CAVUTO: Do you have to finish first, second or third?

    PERRY: Well, certainly, that is the goal. So...

    (CROSSTALK)

    CAVUTO: So, if you are fourth, what does that mean?

    PERRY: You will still see me in New Hampshire and South Carolina and Florida.

    CAVUTO: Really?

    PERRY: Yes, sir.

    CAVUTO: OK.

    So, but it would be a harder go of it if you were fourth going into New Hampshire.

    PERRY: Oh, I think winning Iowa is obviously a help to anyone.

    CAVUTO: Yes.

    PERRY: You think about Mike Huckabee back in ‘08, and it vaulted Mike up.