This is a partial transcript from Hannity & Colmes, October 20, 2003, that has been edited for clarity.

SEAN HANNITY, CO-HOST: On Friday afternoon, while I was doing my radio show Dallas, Texas, I had a chance to speak with Sen. Ted Kennedy (search). I was interviewing Texas Sen. K. W. Hutchinson (search). She was in the Senate cloakroom when I offered to donate $1,000 to a favorite charity if she could convince Senator Kennedy to get on the phone with me.

Well, she did and here's what happened.

(BEGIN AUDIO TAPE)

SEN. TED KENNEDY, D-Mass: Sean, Ted Kennedy. Listen, when are you going to have me on your program? You have all these other people. I'm trying to get on that program and talk with you, for Pete's sake.

HANNITY: Senator -- Senator.

KENNEDY: I want to answer some of these questions you've got for us. I don't like these soft balls that you give to all of these other conservatives.

HANNITY: Senator, I'll give $1,000 to your favorite charity if you come on my show for an hour one day. Will you accept it?

KENNEDY: Listen, that sounds like fun. We'll have to try and sort of do it.

HANNITY: That's not -- I'll give you $2,000 for an hour on the radio show.

KENNEDY: It's going up. I've got a $2,000 offer here. Listen... when I can to talk to you...

HANNITY: Senator, can I -- wait, wait, wait, wait. I've got to ask you a question.

Senator, you really tore into George Bush (search) and called him a liar yesterday. And I'm going to be honest, I'm trying to be as gracious as I can be here, because I'm in Texas and that's the way people in Texas are.

Senator, that was beyond the pale, Senator.

KENNEDY: Let me go. There you go.

What I take issue with is the false assumptions which our policy towards Iraq have been developed. As you remember, we were told that we were going to find nuclear weapons, we haven't. We were told that there were going to be the weapons of mass destruction. There haven't been. We were told that Al Qaeda was down -- well, they may not want to hear it but they haven't found it.

HANNITY: Senator, you called the president a liar.

KENNEDY: Listen to me, Sean. You may have it with other places, but you don't interrupt me while I'm talking.

HANNITY: No, I couldn't do that.

KENNEDY: We were going to be able to rebuild all of Iraq without having all of this money. We're just voting $21 billion now of your taxpayers' money. Just three months ago, the administration said it would be all done...

HANNITY: Senator, that wasn't my question. Senator, you called the president of the United States of America a liar. And I could never find one instance where you called Bill Clinton a liar. Why are you taking the rhetoric of debate in Washington to a new low?

KENNEDY: I look forward to it and here she is, now. Thanks an awful lot.

(END AUDIO CLIP)

HANNITY: Turned down my offer. I was interviewed by Roll Call today and I upped the offer to $5,000 for an hour and we'll put him on the show.

COLMES: We've invited Senator Kennedy on this show many times. He's welcome to come here any night he wants.

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