An Inside Look at the New Congress' Illegal Immigration Agenda

This is a rush transcript from "On the Record," January 4, 2011. This copy may not be in its final form and may be updated.

GRETA VAN SUSTEREN, FOX NEWS HOST: Are you looking at your watch? Republican members of Congress probably are because in just a matter of hours the historic event. The Republicans take back control of the House from Speaker Pelosi and the Democratic Party.

So what are the Republicans going to do? Republican Congressman Lamar Smith is Chairman-elect of the House Judiciary Committee. He has a plan to take on illegal immigration. Congressman Smith joins us live. Good evening, sir.

REP. LAMAR SMITH, R-TEXAS, INCOMING CHAIRMAN OF THE HOUSE JUDICIARY COMMITTEE: Greta, good to be with you and your viewers, as well.

VAN SUSTEREN: Illegal immigration, what are you going to do?

SMITH: The main thing is create jobs for Americans. I say that because we have 26 million Americans unemployed or under employed. We have seven million in the country working illegally. So if we enforce our immigration laws, we are going to create jobs for American worker that need those jobs. They don't need competition with foreign labor.

VAN SUSTEREN: Seven million jobs to Americans?

SMITH: Not all will go to American, but most will, and that will be a huge help to those who are unemployed.