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WHEN: Today, Friday, October 28th
WHERE: CNBC's "Squawk Box"
Following are excerpts from the unofficial transcript of a CNBC interview with Vice Presidential candidate Mike Pence on CNBC's "Squawk Box" (M-F, 6AM-9AM ET) today, Friday, October 28th. Following is a link to the story on CNBC.com: http://www.cnbc.com/2016/10/28/trump-vp-mike-pence.html. Following are links to the video on CNBC.com: http://video.cnbc.com/gallery/?video=3000563367, http://video.cnbc.com/gallery/?video=3000563371, http://video.cnbc.com/gallery/?video=3000563378 and http://video.cnbc.com/gallery/?video=3000563376.
All references must be sourced to CNBC.
PENCE ON RUNWAY SKID
WELL, WE FEEL VERY THANKFUL THIS MORNING THAT OUR PILOTS AND THE FIRST RESPONDERS AT LA GUARDIA RESPONDED SO PROFESSIONALLY AND SO QUICKLY. THERE WAS ABOUT TEN SECONDS OF UNCERTAINTY. WE LANDED AND YOU COULD TELL THEY WERE GETTING ON THE BRAKES PRETTY STRONGLY. WE SLID AND WHEN THE MUD CAME UP ON THE WINDOWS WE KNEW WE WERE OFF THE RUNWAY. BUT IT SEEMED LIKE THOSE FIRST RESPONDERS WERE THERE BEFORE THE PLANE STOPPED ROLLING.
PENCE ON ECONOMY
FIRST YOU'VE GOT TO LEVEL WITH THE AMERICAN PEOPLE. I MEAN, A 1% ECONOMY IS JUST NOT GOOD ENOUGH. AND THE AMERICAN PEOPLE KNOW IT. DONALD TRUMP'S GOT A PLAN VERY DIFFERENT FROM HILLARY CLINTON'S PLAN. HILLARY CLINTON WANTS TO RAISE TAXES BY A TRILLION DOLLARS. SHE WANTS TO CONTINUE THIS FAILED POLICY OF OBAMACARE BY ADDING SINGLE PAYER AND MORE GOVERNMENT-BASED HEALTH CARE SOLUTIONS. SHE WANTS TO CONTINUE THE AVALANCHE OF REGULATIONS OUT IN WASHINGTON, D.C. DONALD TRUMP WANTS TO DO IN PART WHAT WE'VE DONE IN INDIANA, BUT MOST ESPECIALLY WHAT RONALD REAGAN DID BACK IN THE 1980s AND THAT IS CUT TAXES ACROSS THE BOARD FOR WORKING FAMILIES, SMALL BUSINESSES, AND FAMILY FARMS. DO AWAY WITH DEATH TAXES. LOWER THE CORPORATE TAX RATE IN THIS COUNTRY TO 15%.
PENCE ON DEBT
THE TRUTH IS WE ARE NEVER GOING TO TACKLE A NEARLY $20 TRILLION NATIONAL DEBT UNLESS WE GET THIS ECONOMY GROWING AGAIN. WE'RE NEVER GOING TO MEET THE NEEDS OF PROVIDING FOR THE COMMON DEFENSE, MEET THE INFRASTRUCTURE NEEDS, OR ALL THE CHALLENGES OUR NATION FACES UNLESS WE GET AMERICA'S ECONOMY OUT OF THIS DITCH.
PENCE ON HEALTH CARE
THE AMERICAN PEOPLE KNOW HOW WE CAN MEET THE NEEDS OF OUR HEALTH INSURANCE AND OUR HEALTH CARE ECONOMY AND THAT'S THROUGH MORE CONSUMER CHOICE, FREE MARKET SOLUTIONS, HEALTH SAVINGS ACCOUNTS, ASSOCIATION HEALTH PLANS. I MEAN, WHY DON'T – DONALD TRUMP AND I ARE COMMITTED TO ALLOWING THE AMERICAN PEOPLE TO BUY HEALTH INSURANCE THE WAY WE BUY LIFE INSURANCE, THE WAY WE BUY CAR INSURANCE. THAT IS ACROSS STATE LINES IN A COMPETITIVE MARKETPLACE NOT WITH THE TOP-DOWN GOVERNMENT TAKEOVER OF HEALTH CARE WHICH IS WHAT OBAMACARE WAS FROM THE VERY BEGINNING.
PENCE ON TRADE
WE'RE GOING TO LOOK TO EXPAND TRADE, BUT WE'RE GOING TO DO IT ONE COUNTRY AT A TIME SO WE CAN HAVE THE ACCOUNTABILITY IN THOSE RELATIONSHIPS THAT'S BEEN LACKING IN MANY OF THESE MULTI-NATIONAL TRADE AGREEMENTS.
PENCE ON INFRASTRUCTURE
THERE'S NO QUESTION WE'VE MADE A COMMITMENT IN THIS CAMPAIGN TO A INFRASTRUCTURE, BUT NOT JUST THE STANDARD APPROACH. ONE OF THE THINGS WE'VE DONE IN THE STATE OF INDIANA IS PUBLIC AND PRIVATE PARTNERSHIPS. MARTIALING PRIVATE CAPITAL TO BUILD INFRASTRUCTURE. THAT'S WHAT DONALD TRUMP IS CALLING ABOUT NATIONWIDE. WE'RE GOING TO MAKE A REAL COMMITMENT TO MAKE SURE THAT WE'VE GOT THE INFRASTRUCTURE TO SUPPORT A GROWING ECONOMY.
PENCE ON TIME WARNER AND AT&T DEAL RESPONSE
ONE OF THE THINGS THAT'S APPEALING ABOUT DONALD TRUMP IS THAT HE SPEAKS HIS MIND. SPEAKS IT PLAINLY. THE AMERICAN PEOPLE DON'T HAVE TO DOUBT WHERE HE STANDS ON THE ISSUES. I THINK EXPRESSING SKEPTICISM ABOUT THAT AS POLICY MAKERS IN WASHINGTON, D.C. EVALUATE THAT MERGER WAS MORE THAN APPROPRIATE.
PENCE ON CLINTON INC.
WHAT WE SEE IS THIS RELATIONSHIP BETWEEN HILLARY CLINTON AS SECRETARY OF STATE, A FAMILY FOUNDATION THAT WAS TAKING MILLIONS OF DOLLARS IN CONTRIBUTIONS FROM FOREIGN GOVERNMENTS AND FOREIGN MILLIONAIRES AND THEN THE PRESENCE OF A PRIVATE SERVER PRESUMABLY TO KEEP ALL OF WHAT WAS BEING SAID AND DONE ABOUT THAT OUT OF THE REACH OF PUBLIC DISCLOSURE. I THINK THE AMERICAN PEOPLE ARE VERY, VERY TROUBLED BY WHAT'S BECOMING MORE CLEAR AS THEY CALL IT CLINTON INCORPORATED NOW. THIS PAY TO PLAY POLITICS. AND IT'S EXACTLY THE KIND OF PAY TO PLAY POLITICS THAT'S GOING TO COME TO AN END THE DAY THAT DONALD TRUMP BECOMES PRESIDENT OF THE UNITED STATES.
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