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

We're all in this together. This election should not be about defeating Barack Obama. It should be about getting the economy turned around, and that's what Barack Obama is committed to.

STEPHANOPOULOS: Let's get a response now from Republican National Committee. Thank you, Congresswoman. Reince Priebus, the chairman of the RNC.

SCHULTZ: Thank you, George.

STEPHANOPOULOS: Will join us right now. Good to see you, Mr. Chairman.

PRIEBUS: Good morning. Good morning, George.

STEPHANOPOULOS: Let's get a response right away to what you just heard from the congresswoman.

PRIEBUS: Do we want to continue down the direction of unemployment above 8 percent for countless months, a president that hasn't lived the mission, hasn't fulfilled the promises. People aren't better off today than they were three or four years ago. Do we want to continue in that direction? Heck no.

And as far as Harry Reid is concerned, listen, I know you might want to go down that road, I'm not going to respond to a dirty liar who hasn't filed a single page of tax returns himself. Complains about people with money but lives in the Ritz Carlton here down the street. So if that's on the agenda, I'm not going to go there. This is just a made-up issue. And the fact that we're going to spend any time talking about it is ridiculous.

STEPHANOPOULOS: You say you are not going to respond, but you just called him a dirty liar. You stand by that, you think Harry Reid is a dirty liar?

PRIEBUS: I just said it.

STEPHANOPOULOS: So, what do you want from him right now?

PRIEBUS: Listen, this president has a job to do. And Harry Reid has a job to do. We have an opportunity in this country to save the very idea of America. To bring back the days of liberty, freedom, the American dream.

And the fact is, we're just -- we're not doing well right now, as an economy. And this president, is the head of this country. And he has not fulfilled the mission and he hasn't lived up to the promises that he made to the people of this country. And it's hard to believe that the president of 2008, when he campaigned and said he was going to bring America together, that he would trot out Harry Reid and try to divide this country and spread this division and hatred. It's ridiculous, it's wrong, it's untrue. And it's just going to hurt the president.

STEPHANOPOULOS: Setting aside Harry Reid's charges, a lot of Republicans, as you know, a lot of major figures in your party, have come forward and said that Mitt Romney should just release more of his tax returns. Wouldn't that make a lot of these questions go away?

PRIEBUS: George, here's what I think. I think this president has got a problem with the American dream. You know, when I grew up -- and I know that both Republicans and Democrats listening to this right now agree with this -- when I grew up, in a great place called Kenosha, Wisconsin, my dad was a union electrician, my mom was a realtor. We drove around town, and when my parents and we drove past a beautiful house on the corner, my parents didn't point at the house and say, hey, look at this lousy people in this beautiful house. Look at this guy and his new Corvette.

My dad did probably the same thing your dad did and a lot of dads out there. He turned around, and he said, listen, pal, if you work hard and you go to school, mom and dad, we hope you live in that house. We hope it's two times bigger than that house. That's the American dream.

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