• With: Gov. George Allen, R-Va.

    This is a rush transcript from "Your World," June 25, 2012. This copy may not be in its final form and may be updated.

    NEIL CAVUTO, HOST OF "YOUR WORLD": Well, you've probably heard that these other two guys are battling for the top job, but do Americans think either can do the job?

    This is a fascinating development. There's a new poll out that shows half don't think that the winner in the presidential election really matters, that he will have much of an impact on the economy regardless.

    To Republican Senate candidate from Virginia, the former governor as well, George Allen on whether that's got him worried. Now, we did request for his opponent, Tim Kaine, who's also running in this Senate contest, and no response from Senator Kaine.

    But what do you make of that, when half the people in this country say it doesn't matter?

    GEORGE ALLEN (R), FORMER U.S. SENATOR: It does matter.

    Every vote matters. That's one of the reasons I got off the sidelines and into the Senate race. They passed ObamaCare by one vote and they failed to rein in the EPA's regulation of CO2 by one vote. And the president does matter a great deal. I'll tell you...

    (CROSSTALK)

    CAVUTO: Half of Americans don't agree. It strikes me as odd, but...

    (CROSSTALK)

    ALLEN: Well, it means that either -- either folks aren't yet focused. Some of us, of course, every single day.

    CAVUTO: Or they're bummed out.

    ALLEN: And people are obviously very disconsolate, worried, discouraged about what&'s going on in Washington.

    And I don't think what's going on in Washington is at all worthwhile for families, for small businesses and entrepreneurs. I think it is the responsibility of the candidates and the campaigns to lay out for the American people, here is my vision, here's my ideas. Here are positive, proven solutions.

    CAVUTO: Well, they have done that, right, Senator?

    ALLEN: Well...

    (CROSSTALK)

    CAVUTO: I guess my only argument would be, if people don't distinguish between the two of them -- this isn't like Humphrey-Nixon. There are big differences between these two, whether you accept them or not.

    ALLEN: Oh, sure.

    CAVUTO: They're not just a little bit of differences. There are big differences.

    I'm not saying Reagan-Carter differences, but darn close. And I wonder how people can be of a mixed mind that they're both the same.

    ALLEN: Well, I think the campaigns need lay it out. It's up to the campaigns to motivate and inspire people.

    (CROSSTALK)

    CAVUTO: Do you think that Mitt Romney's not doing it? In your state, he;s having a devil of a time. You;re polling better than he is. What's the problem?

    ALLEN: Well, here's the thing I think that Mitt Romney's doing right in Virginia.

    I've been advocating, and you know this, that we in Virginia ought to be able to produce oil and natural gas off our coast and use the royalties for roads and transportation.

    CAVUTO: Right.

    ALLEN: Who's saying no? The White House, President Obama.

    Mitt Romney is running an ad in Virginia right now that in the first hundred days; he's going to allow Virginia to produce oil and natural gas off our coast. There's a prime example for the voters in Virginia of a significant difference.

    CAVUTO: But there are a lot of critics of the governor who say that he's, even now, playing it still too cautiously.

    What do you say?

    ALLEN: I think he's getting his message out to the people.

    And I think folks who pay taxes, if you want higher taxes, President Obama will give you higher taxes. We like more competitive, more fair and simple tax laws. On energy policies, we want to unleash our American energy resources. The other side puts them off-limits.

    (CROSSTALK)

    CAVUTO: So when you hear President Obama come back, though Governor, Senator, whatever -- you've got a lot of titles.

    ALLEN: George.

    CAVUTO: George, whatever. You can call me Neil, by the way. You don't have to call me financial factor. But do you think that the president's attacks on you guys, as you go to the same playbook, low taxes, free the oil guys, and that he's going to remind people this fall, no, no, been there, tried that, done that, failed that? What are you going to say?

    ALLEN: We're going to say this. We're blessed in this country with the most energy resources of any in the world.

    And what they're trying to do is put those resources off-limits.