Exclusive: TVNewser has been sent the transcript of what Jesse Jackson said Sunday morning July 6, as he prepared for an interview on Fox & Friends Weekend. Below is the partial transcript we received in our tips box, and confirmed to be authentic by Fox News Channel representatives.

Barack...he's talking down to black people...telling n—s how to behave.

So, yes. Jesse Jackson did use the "N" word. But it was not directed at Barack Obama. Fox News and Bill O'Reilly have maintained there was more on the tape, but that the un-aired portion was not relevant to the issue at hand: about whether Obama was "talking down" to the black community.

> Update: Jackson's statement, Al Sharpton weighs in, and more on the reaction to the comment.

• Earlier:

FNC To Air Jesse Jackson Comments...

O'Reilly Airs Some of Jackson's Hot Mic Comments...

What Jesse Jackson Didn't Say on That Tape...

Roger Ailes Tries to Quiet the Jackson Rumormill...

• More: O'Reilly will be on with Shepard Smith at 3pmET discussing the tape...