'It's Totally Arbitrary': Debbie Wasserman Schultz Rips July 4th Deadline For Big Beautiful Bill

On "Forbes Newsroom," Rep. Debbie Wasserman Schultz (D-FL) tore into the "arbitrary" July 4th deadline for the Big Beautiful Bill.

Transcript

00:00This is another perhaps procedural question, but some of your Republican colleagues are

00:03suggesting that the July 4th deadline is an arbitrary one. How likely is this? When will

00:11it be resolved, in your view? When could it be resolved? See, and let me tell you how it's

00:15arbitrary. Because normally, when we are in a situation like we're in right now, where they've

00:20called us back into a session, you know, in the middle of a recess, they do that when we're coming

00:27up. I'm a senior member of the Appropriations Committee. So at the end of a fiscal year,

00:32when we haven't finished the budget, we will have, you know, vote situations like this,

00:38where we're up against a deadline. If we don't pass the budget, the government shuts down.

00:44That also happens in some instances when the debt ceiling is reached. And the Treasury Department

00:50has said, you know, we're going to reach the United States' debt ceiling limit, you know,

00:57around X date. And Congress has to go into session, if we haven't already taken care of this,

01:03and increase the debt ceiling, increase our borrowing, make sure that we can pay our bills,

01:08which is what the debt ceiling is. And that's a real deadline. This is made up. This is that Donald

01:13Trump decided he wanted to sign this big, ugly bill on July 4th. There's nothing magic or important

01:19or essential about it. It's just an artificial deadline that's tied to the messaging that the

01:24Republicans want to do. But instead, we should be responsible, and we should sit down together

01:29and try to figure out if we can really get a compromise. And if we can't, then they should

01:34set this bill aside and start over.