• With: Rep. Steny Hoyer, D-Md.

    This is a rush transcript from "Your World," December 4, 2014. This copy may not be in its final form and may be updated.

    (BEGIN VIDEO CLIP)

    REP. NANCY PELOSI, D-CALIF., HOUSE MINORITY LEADER: I have reached out to the speaker and said, extend the hand of friendship. We want to work together to pass bill to keep government open. As we had to supply the votes last year to open up government, let us supply the votes to keep government open.

    But we can't do it unless we have a bill that is worthy of our support.

    (END VIDEO CLIP)

    NEIL CAVUTO, HOST: All right, now, we don't know if the speaker reached out to House Minority Leader Nancy Pelosi on that spending measure to keep the government running, which would essentially be through the middle and past 2015.

    But word is, he did talk to this man, House Minority Whip Steny Hoyer, who joins me right now. Congressman, very good to have you.

    REP. STENY HOYER, D-MD., HOUSE MINORITY WHIP: Hi, Neil. Good to be with you.

    Actually, I want to correct. I talked to Kevin McCarthy...

    CAVUTO: OK.

    HOYER: ... the majority leader.

    CAVUTO: The majority -- OK.

    HOYER: We talked about scheduling and talked about the bill.

    CAVUTO: All right. OK. I apologize for that.

    HOYER: That's all right.

    CAVUTO: Washington Post reported otherwise, but who am I to trust The Washington Post?

    (LAUGHTER)

    CAVUTO: Let me ask you, though, sir, why even insert the language, as Nancy Pelosi did, government shutdown? No one is saying that. No one has been even broaching that.

    HOYER: Well, I think that the speaker does not want a government shutdown. McConnell has indicated he doesn't want a government shutdown.

    And none of the rest of us in the leadership want a government shutdown. But, Neil, there have been some people talking about shutting down the government if they can't reverse the immigration action that the president took. So, it's not without having been discussed by some people not in the leadership.

    CAVUTO: No, no, fair enough.

    But I guess what she just...

    HOYER: Yes.

    CAVUTO: ... what she just volunteered that, I want to avoid that, that -- that came out of nowhere, because it's only been a couple and others have argued just as vehemently for trying to tempt Republicans, so you can back and forth on that.

    But, having said that, there -- there are others who argue that -- that if Democrats get in a lame-duck session a spending bill that carries it essentially through much of 2015, you guys have extracted much more than the electorate wanted you to in a midterm election that repudiated you, not you individually, Congressman.

    HOYER: Oh, I don't...

    CAVUTO: What do you say?

    HOYER: Yes, Neil, I don't -- I don't agree with that proposition.

    Assuming we pass, as I think we should pass, a bill consistent with the Ryan -- Paul Ryan and Senator Murray agreement that was passed by the Congress overwhelmingly on a bipartisan fashion, assuming that we stay within those constraints, which we have to, consistent with the agreement, then I think we are doing what, in a bipartisan, overwhelming fashion, the Congress said it was going to do.

    The issue, as you well know, is whether or not they're going to add in extraneous issues into the appropriation bill, which may make it impossible for us to support.

    CAVUTO: Well, let's assume they -- let's assume they don't do that. Every party kind of threatens that kind of...

    HOYER: OK. We will support it.

    CAVUTO: And let's -- wait -- let -- you're better at legislating than I am, but let's say what the Republicans agree to is...

    HOYER: Right.

    CAVUTO: ... let's give an extension that will take us to the new Congress when it comes in, because, after all, it's going to be a whole new bunch, including a whole new Senate.

    What -- what would you say?

    HOYER: What I would say, Neil, is that that undermines the confidence of the people running programs in government, good, bad or indifferent, whatever you think, but there are programs that Congress has set up.

    CAVUTO: No, it wouldn't. I mean, you would just be reflecting the reality and the will of the people in the midterm election.

    HOYER: No, no, Neil.