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“You know better than I do that many Americans feel that your administration has not been straight with the country, has not been honest. To those people you say what?” Pelley asks.

“On what issue?” the president replies. “Like the weapons of mass destruction?”

“No weapons of mass destruction,” Pelley says.

“Yeah,” Bush says.

“No credible connection between 9/11 and Iraq,” Pelley says.

“Yeah,” the president replies.

“The Office of Management and Budget said this war would cost somewhere between $50 billion and $60 billion and now we’re over 400,” Pelley says.

“I gotcha. I gotcha. I gotcha,” Bush replies.

“The perception, Sir, more than any one of those points, is that the administration has not been straight with…,” Pelley says.

“Well, I strongly disagree with that, of course,” Bush says. “So I strongly reject that this administration hasn’t been straight with the American people. The minute we found out they didn’t have weapons of mass destruction, I was the first to say so.”