Debbie Wasserman Schultz Interview

The Florida congresswoman on the economy and Obama's election prospects.
3:00 | 08/05/12

Coming up in the next {{countdown}} {{countdownlbl}}

Coming up next:

{{nextVideo.title}}

{{nextVideo.description}}

Skip to this video now

Now Playing:

{{currentVideo.title}}

More information on this video
Enhanced full screen
Explore related content
Comments
Related Extras
Related Videos
Video Transcript
Transcript for Debbie Wasserman Schultz Interview
Left -- of the party chairs after a surprisingly -- first week of August. Getting us -- -- -- for the Democrats -- previous for the Republicans and congresswoman Schultz let me begin review and begin -- that unemployment report they came out on Friday. The good news a 163000. Jobs created the bad news unemployment up to eight point 3%. That makes 42 straight months of unemployment above 8% no president. Since FDR's -- -- numbers even close to that this is -- how do you respond to American to say that 8% unemployment just isn't good enough. Well we we it. Know that we need to keep pressing forward and continue to fight -- new jobs and getting this economy turned around but what we do also know is that we've had. 29 straight months of job growth now in the private sector this month that about Friday jobs report 172000. New private sector jobs were created. We pattern eighty has surged in the growth in the manufacturing sector. More than 500000 jobs created in manufacturing and that's the first time we've seen job growth in manufacturing George. Since the 1990s. -- we are. Moving in the right direction and the president has proposed the American Jobs Act it would be great if my colleagues on the Republican side in congress. Would actually care more about. Getting the economy turned around and working with this president to pass that plan could create as you know billion dollar hostile -- would be created congress Donaldson hasn't happened. This you know well -- but we shouldn't have gone home before passing the American Jobs Act. They care more about defeating this president and they do about working with him tipped pass a balanced plan and continue to get it. -- -- also says senator Lott warned that he doesn't want any more intervention from the Federal Reserve. Between now and Election Day do you agree with -- I'm sorry I asked him Ronny also said that he wants in an interview -- today that he wants no more intervention from the Federal Reserve. Between now and the Election -- do you agree with that. Well I think that's up to the Federal Reserve that the Federal Reserve is and it is an independent financial institution. It's it's important that we not. Dictates from the from the White House or certainly from my candidate for president -- states. What the Federal Reserve should be doing that's that's why that that they are an end of. Its petition the democratic senate leader Harry Reid made a pretty explosive charge this week he said Mitt Romney hasn't paid taxes in ten years -- he was on the senate floor. The words out but he hasn't paid any taxes for ten years. But -- prove that he has paid taxes because he hasn't. -- you know senator Reid's only source they're courting him as an anonymous -- investor whose identity he won't reveal isn't appropriate. For the democratic leader in the senate. To make a charge like that with no more evidence an anonymous source. I -- -- I don't know who. Harry Reid sources but I -- -- any -- on you can clear this up intense. But I do know that an economic -- clear this up in ten seconds. By releasing the 23 years of tax returns that he gave to John McCain when he is was he when he was being vetted for vice president. Or even twelve years of tax returns but his -- -- -- -- what was appropriate. Because one era tax returns like he's released could just be for show but it's one -- that's all I'm not forget that a week ago on on a second -- a week ago. Mitt Romney said -- in response to a reporter's question when asked if he had ever paid a rate below thirteen point 9%. Betty wood shack and get back to us and. You know I I'm glad I wasn't holding my breath waiting for Mitt Romney didn't get back to us -- answering that question that this bill hasn't hasn't -- here tonight at lower tax rate. He has denied that he didn't pay taxes for ten years and I take your point do you do you believe we'll be right to show more -- at the same time. I can't believe you believe that it's okay to make a charge like that ten years of not paying taxes with no evidence. Well like I said I don't know. -- who is Harry Reid's source was but I do know that this is a question that has swirled around Mitt Romney for this entire campaign. I do know that he could clear it up. It just looked just like that what that is but by releasing his tax returns which every major candidate for president the United States has done except for Mitt Romney. I -- know that there are massive questions about why -- West Bank account. Why as investments and is in the Cayman Islands and a Bermuda corporation -- transfer to his wife's name one day before he became governor of Massachusetts. Those are questions that when you're running for president 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 scientists examining everything -- -- -- -- and -- can repudiate senator Reid's charge. Everybody is responsible for saying the things that 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 -- but I know I noticed class entitlement you more I don't Enron's finances what is he hiding. Why did I stand by the fact. I -- I stand by the fact that I believe like the overwhelming majority of voters believe because the polls all show that Mitt Romney. Does owes us more than one year tax returns owes us answers to questions about its overseas investments. Owes us answers -- questions about why he's decided to invest in it and foreign countries as opposed to investing in the United States -- -- answers to questions about. Why is head of Bain Capital -- ship jobs overseas why does 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 -- the questions that need to be answered they weren't raised by Harry Reid. They were all raised by voters and reporters and people will have a right to ask. And Mitt Romney has yet to come clean on the -- -- and I can -- that charge from every one final question you were President Obama celebrating his birthday. He got a little present from the RNC was sent to the Democratic National Committee over the -- -- I want to show what. Birthday -- saying you didn't break -- this happy birthday. Mr. President think the presence Vanilla -- that you didn't build this line. I think that it would be great if Republicans would make sure that they weren't supporting cuts and investments 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 -- Large businesses that's why he's that he pushed through eighteen different tax breaks for small business owners. But I know President Obama has also backed up got support with action. By supporting investments in infrastructure education the Internet. And the economy so that businesses have more -- an opportunity to thrive while Republicans support slashing. And Mitt Romney supports major -- in those kinds of programs which would harm businesses ability to -- That's the choice that we've got in this election we want to continue moving in the direction that President Obama has taken. 29 straight months of job growth in the private sector presidency wants a balanced approach to deficit reduction. Asked both the pay a little bit more who -- so that we can make sure we can make those investments in education and the economy. 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's --

This transcript has been automatically generated and may not be 100% accurate.

{"id":16933116,"title":"Debbie Wasserman Schultz Interview ","duration":"3:00","description":"The Florida congresswoman on the economy and Obama's election prospects.","section":"ThisWeek","mediaType":"Default"}