'This Week' Transcript: Debbie Wasserman Schultz and Reince Priebus

Those are questions that when you're running for president of the United States, that the American people deserve answers to. Why is Mitt Romney refusing to answer them? Why is he refusing to show the American people what he was willing to show John McCain 23 years of information on? There's got to be a reason.

STEPHANOPOULOS: I take it from your answer you're not going to repudiate Senator Reid's charge.

SCHULTZ: Everybody is responsible for saying the things that they have information on. Harry Reid says that he has a credible source. I know that this question is not just generated by Harry Reid. It's been asked by countless reporters, by voters that want to know--

STEPHANOPOULOS: On that question, Congresswoman, do you stand by Harry Reid's charge?

SCHULTZ: -- about -- more about Mitt Romney's finances. What is he hiding? I stand by the fact -- George, I stand by the fact that I believe, like the overwhelming majority of voters believe, because the polls all show, that Mitt Romney owes us more than one year of tax returns. Owes us answers to questions about his overseas investments, owes us answers to questions about why he's decided to invest in foreign countries, as opposed to investing in the United States. Owes us answers to questions about why as head of Bain Capital, he shipped jobs overseas. Why did he have a tax plan that actually continues tax incentives for shipping jobs overseas, when President Obama has a plan to incentivize companies to bring jobs back here. Those are the questions that need to be answered, and they weren't raised by Harry Reid. They were all raised by voters, and reporters, and people who have a right to ask, and Mitt Romney has yet to come clean on the answers on any of those questions.

STEPHANOPOULOS: So it's clear you are not going to repudiate that charge from Harry Reid. One final question, President Obama celebrating his birthday. He got a little present from the RNC, was sent to the Democratic National Committee over the weekend. I want to show it. Birthday cake saying, "you didn't bake this. Happy birthday, Mr. President." Do you think the president is going to be able to shake "you didn't build this" line?

SCHULTZ: I think that it would be great if Republicans would make sure that they weren't supporting cuts in investment like education, like infrastructure, like all the things that we know help businesses thrive. President Obama has always been committed to making sure that small businesses have an opportunity to thrive, large businesses. That's why he pushed through 18 different tax breaks for small business owners.

But I know President Obama has also backed up that support with action by supporting investments in infrastructure, education, the Internet and the economy, so that businesses have more of an opportunity to thrive, while Republicans support slashing, and Mitt Romney supports major cuts in those kinds of programs, which would harm businesses' ability to thrive.

That's the choice we have got in this election. Do we want to continue moving in the direction that President Obama has taken? 29 straight months of job growth in the private sector, a president who wants a balanced approach to deficit reduction. Asked folks to pay a little bit more who can, so that we can make sure we can make those investments in education and the economy.

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