KING: The latest field poll shows Carly Fiorina still trailing Democratic Senator Barbara Boxer but it's close. California, as you know, is an expensive place to run a campaign. So Fiorina is here in Washington among other things to raise some money and she joins us to go "One-on-One".

But let's start on that point, the fundraising point. It is an incredibly expensive state. Among those sponsoring a fundraiser you had here today is the Koch Industries PAC and the Koch brothers have become bogeymen to the Democrats this year because of the millions they have given to some of these private groups that are funding money into the campaigns. As you know the Democrats you know they call that an outrage. They think there needs to be new legislation. Does it worry you at all, all the corporate money going into campaigns like this?

CARLY FIORINA (R), CALIFORNIA SENATE CANDIDATE: Well I think money has been going into political campaigns for a very long time. And with all due respect the Democrats have a lot of bogeymen this election cycle. I think what's fascinating is how many people are playing in politics who maybe haven't played before.

And whether those are big contributions in terms of 527's or independent expenditures, and there are plenty on both sides of the aisle, or whether it's people who are getting engaged for the first time at five or 10 or $200. I think this year there's many stories this year. But I think the biggest story to me is all of the newcomers to politics and that of course includes me. I've never run for political office before. KING: Is there any downside to it when you have newcomers who don't have experience in politics, who maybe are more my way or the highway, or more ideological and don't understand that sometimes in that building that you see out there behind me you do -- sometimes you do have to compromise.

FIORINA: Well you know I think what the voters certainly in California are saying, and I think we're seeing this all across this country. People have decided that career politicians may be part of the problem, not part of the solution. You know ours was intended to be a citizen government.

It's what (INAUDIBLE) the people means, so no I don't see a downside. Look, any political movement you're going to get extremes on both ends of the spectrum. But fundamentally, I think it is always a good thing when people are engaged in the process. And when new people are brought and engaged in the process. President Obama managed to get a lot of new people engaged in the process and that was positive. And I think the Tea Party engagement is positive as well.

KING: I want you to listen -- one of the reasons you are here raising money is because California is the most expensive state in the country to run in part because of all the TV markets. I want you to listen to one of your new ads and then we'll talk about it on the other side.

(BEGIN VIDEO CLIP)

UNIDENTIFIED FEMALE, POLITICAL AD: You know do me a favor. Could you say senator instead of ma'am? It's just a thing. I worked so hard to get that title, so I'd appreciate it. Yes, thank you.

UNIDENTIFIED FEMALE: Twenty-eight years in Washington and Barbara Boxer works hard for a title. I'll really go to work to end the arrogance in Washington.

(END VIDEO CLIP)

KING: What's the point of the ad?

FIORINA: The point of the ad is that nothing symbolizes stale, entrenched incumbency more than a sitting senator dressing down a general for using the wrong title. Of course "ma'am" is appellation of great respect for the military and people are tired of politicians who believe the point is their job, when the point, right now, is everyone else's job and getting government under control. Of course people think Washington is arrogant. It is.

KING: What if it's a woman who believes she has earned the title "senator" and maybe the man doesn't understand it. I ask the question in the context of these words from Carly Fiorina, a CEO in the corporate world, who wrote this in your book: "When I finally reached the top, after striving my entire career to be judged by results and accomplishments, the coverage of my gender, my appearance and the perceptions of my result would vastly outweigh everything else." And the same Carly Fiorina said this to Lesley Stahl on "60 Minutes:" "I think somehow men understand other men's need for respect differently than they understand it for a woman."

Maybe Senator Boxer was asking for respect?

FIORINA: To accuse that brigadier general of sexism is outrages. He called the male senators "sir" throughout that hearing. "Ma'am" is a term of respect. That was not about sexism. And if a male senator had done what Barbara Boxer did to the general, it would have been equally outrageous. That was about a need for title and it's symptomatic of what people are tired of in Washington, D.C. and symptomatic of what people are tired of in Barbara Boxer, quite frankly.

KING: Immigration is one of the huge issues in the country, right now, and it will a huge issue if you win the election and you serve in the capitol. I want you to listen to the president of the United Farm Workers. He gave testimony at a hearing today on immigration issues about the scope of undocumented workers in the country. Let's listen.

(BEGIN VIDEO CLIP)

ARTURO RODRIGUEZ, UNITED FARM WORKERS OF AMERICA: If you had a glass of Florida orange juice with your breakfast this morning, it is almost certain the oranges that went into that juice were picked by unauthorized workers. If you had milk on your cereal, it is likely that the workers who milked the cows, didn't have the right papers.

(END VIDEO CLIP)

KING: You have talked in the campaign about tough border enforcement, tough crackdown on illegal practices what do we do about those workers he's just talking about who are here right now, who are working in Florida agriculture, who are working in California's enormous agriculture industry? What do you do?

FIORINA: Well, I've also been equally outspoken about the fact that we need a temporary worker program that works. And you're absolutely right, California agriculture depends upon it, the restaurants depend upon it, technology depends upon it. So, I've said I support ag jobs, I support the Dream Act. I mean, we need a temporary worker program that works. And it is the most cynical form of politics to hold either border security or the temporary work program hostage.

Barbara Boxer cast the deciding vote that killed the guest worker program in 2007. It was at the heart of a comprehensive immigration reform compromise that had been breached and when she cast that deciding vote that killed the guest worker program, she said that immigrants represented a cheap source of labor that threatens the American worker.

KING: Carly Fiorina, we appreciate you coming here with us today. Don't go away, our offbeat reporter, Pete Dominick, came here to Washington today to follow, well you might call him offbeat congressional witness, Stephen Colbert.