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They cut security by two third. transit security by two-thirds. we can't afford those cuts. one attack on one subway train or one attack in one port will cost us more money going into future years than any small amount they are saving. i agree with them on that. >> there's been criticism of the fbi, attorney general holder from muslim american groups about what they see as stings, undercover fbi agents who went into a mosque in california, the young man in oregon where they supplied a device to that he thought was an explosive but from an fbi informant. do you think the fbi has gone too far? >...

Arizonans now and in clear unity we say mr. president, do your job, secure our border. >> well, border security, terror arrests and tracking the funding behind the failed times square bombing up front tonight. beginning with molly henneberg in washington. >> peter king contends if there is that kind of money out there, $275 million for port and transit security for new york city, then he says the department of homeland security must be slowing down the process because new york hasn't had access to the funds. >> any money that has not been used is because it is being held up in the bureaucracy ...

Arizonans now and in clear unity we say mr. president, do your job, secure our border. >> well, border security, terror arrests and tracking the funding behind the failed times square bombing up front tonight. beginning with molly henneberg in washington. >> peter king contends if there is that kind of money out there, $275 million for port and transit security for new york city, then he says the department of homeland security must be slowing down the process because new york hasn't had access to the funds. >> any money that has not been used is because it is being held up in the bureaucracy ...

Terror attack in times square. they are firing back at criticism that the federal government stopped spending new york city. homeland chief janet napolitano sent a letter charge them with sitting on $275 million in unspent money that was supposed to be used for security. they accuse the feds of slashing funds for port and transit security. that generating a strong reaction from one law miarm and molly henneberg is live in washington with that. >> molly: new york republican congressman peter king contends if there is that money out there $275 million for ports and transit security for new york ...

Transit security since 2006 has not yet been drawn down. in fact, new york has yet to draw down on any of the transit funding it received last year. congressman king says he met with secretary napolitano on thursday morning about funding for anti--terror efforts in new york and she didn't mention this money then: gregg. >> gregg: congressman king doesn't think that new york had access to the money. is that correct? >> reporter: yes. he says if there is, that kind of money out there, $275 million for port and transit security, the mayor of new york city wouldn't just put it in a bank and not us...