TRANSCRIPT: 'On the Trail' with Sen. John McCain

STEPHANOPOULOS: George Will argues that that's going to be importing their price controls.

MCCAIN: Well, again, in all due respect, if it's less expensive where they can get it and we know that it's safe and available and affordable, I'm all for it.

STEPHANOPOULOS: How about the situation in your own party right now? Have you quelled the rebellion among conservatives?

MCCAIN: I think we're making progress there, George. You know, primaries are tough to start with, as you well know, and so we've got to heal those up.

And we're making progress in that direction. I've got the Republican leadership in the House endorsement, and you know the things that we've been doing. A number of the, quote, "conservatives" are coming over to our side.

But I've got a lot of work to do to unite the party, and I'm trying to do that.

STEPHANOPOULOS: Rush Limbaugh says he's doing you a favor by not endorsing you.

LIMBAUGH: If I really wanted to torpedo McCain, I would endorse him, if I want to torpedo him because that would send the independents and liberals that are going to vote for him running away faster than anything

MCCAIN: I respect Mr. Limbaugh, but I do not know which direction he heads. Look, I respect him, but I don't have...

STEPHANOPOULOS: He's been tough on you, though.

MCCAIN: But that's his right to do that. He is an influential person in America on talk radio. If that's what he wants to do, that's certainly his right to do it, and I respect his opinion.

STEPHANOPOULOS: Do you need talk radio to get behind you?

MCCAIN: Well, I'd like to, obviously, have every part of our base behind us. And I hope that, if anyone wants to meet with me, I'm certainly willing to meet with them. And we are making -- as I said, we are making progress, and we've got time. But I'm working hard at it.

STEPHANOPOULOS: You've talked a lot about taxes and spending.

MCCAIN: Sure.

STEPHANOPOULOS: And that's what economic conservatives worry about.

MCCAIN: Sure.

STEPHANOPOULOS: Social conservatives are most worried about judges and the Supreme Court. And from talking to them, I get the sense that their biggest fear is that there's going to be another David Souter on the court.

MCCAIN: Well, one of the ways I can reassure them is that the White House will tell you that I was one of those who played an active role in the confirmation of Justices Alito and Roberts. The so-called Gang of 14, which was maligned by some, we were able to get all but two of the president's nominees confirmed by the United States Senate.

I have pledged that I will nominate only people to the bench that strictly interpret the Constitution of the United States. And I hope that I can assure them of that commitment.

STEPHANOPOULOS: Can you name some candidates out there who meet that criteria?

MCCAIN: You know, I can't, George. I don't know any right now, because they're -- you know, there's not an opening on the United States Supreme Court. I know that people like Ted Olson, who are advising me and supporting me, and the Federalists, I would seek their advice and counsel, Jon Kyl, who is on the committee and my close friend in the Senate, and others.

But I have not examined the other candidates, because it just hasn't been topical yet.

STEPHANOPOULOS: How about on the vice presidency?

MCCAIN: We're getting ahead of ourselves.

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