Everyone is very excited about the demo trump live tweeting almost excited as they are about the debate itself. We are also on twitter Live Streaming onto your and road device, your iphone. This is different than the president ial debate. Then the most anticipated thing in the history of the world. Perhaps didebate alter the contours of the president ial race. There is not the same anticipation here. Should be asking questions of them very since a similar very similar to what we saw the president ial debate. These are two guys were very prepared of my donald trump unlike donald trump and we expect them to bring to bear not only their preparation but years of experience. Both have been governor. John its in the state of virginia. Tim kaine has won in the state nine times for mayor, governor. He is very much a hometown candidate. You can see it as you go out around the university. Back will be right we will be back right after the debate. A 90 minute debate. You can switch over between Bloomberg Television and twitter and watch us all for the full 90 minutes. Now we go to the town hall for the first and only Vice President ial debate. From longwood, university, welcome to the first and only Vice President ial debate of 2016 dr. By the sponsored by the commission on president ial debates. Moderate thisto debate between senator tim kaine and governor mike pence. Both are longtime Public Servant who are also proud fathers of sons serving in the u. S. Marines. Have agreed to the rules of this debate. There will be nine different segments covering domestic and foreignpolicy issues. Each segment will begin with a question of both candidates and that they will have two minutes to answer. Question willwup facilitate a conversation. It has been determined senator kaine will be the first to answer the opening question. We have an enthusiastic audience tonight. They have agreed to openly express that includes he has him once at the end of the debate and right now as we welcome governor mike pence and senator tim kaine. [applause] elaine welcome. It truly is a privilege to be with both of you tonight. I would like to start with the topic of president ial leadership. 28 years ago, Lloyd Bentsen said the Vice President ial debate was not about the qualifications for the vice presidency but about how a Vice President has to step in without any margin for air takeut error to responsibility for the biggest job in the world. What about your quality, skills, and temperament that equip you to step into that role . Mr. Kaine thank you for being here tonight and governor pence, welcome. Its so great to be back at longwood university. This is a very special place. 65 years ago, a young, courageous woman, Barbara Johns, led a walkout of her high school and made history by protesting school segregation. She believed our nation was a stronger together and that walkout led to the brown versus board of education decision that moved us down the path for equality. I am so proud to be running with another strong history making woman, Hillary Clinton. Im proud because her vision of stronger together, building an economy that works for all, being safe in the world not only with the Strong Military and a strong alliances to battle terrorism and Climate Change and respect a community of just like Barbara Johns tried to do 65 years ago. Hillary told me why she asked metv her running mate. She said the test of a Clinton Administration will not be the signing of a bill or the passage of a bill. It will be whether we can make somebodys life editor. It will be whether we can make a classroom a better learning environment, whether we can make it safer. It will be about results. She said do you have been a missionary in a civil rights lawyer, city councilman, mayor, now a senator, i think you will help me figure out how to govern this nation so we always keep in mind that the success of the administration is the difference we make in peoples lives and that is what i bring to the ticket, that experience. But my primary role is to be Hillary Clintons righthand person and a strong supporter at she puts together the most historic administration possible and i relish that role. Im so proud of her. We trust Hillary Clinton with the most important thing in our life. We have a son deployed overseas right now and we trust Hillary Clinton as president and commanderinchief. He thought of donald trump scares us to death. Mr. Pence thank you, elaine, and thank you to the university. It is humbling for me to be here. To be surrounded by my wonderful family and senator kaine, its an honor to be here with you as well. I also want to say thank you to youyone looking into night understand what an anonymously important time this is in life of our nation. We have seen americas place in the world weekend. We are seen an economy stifled by more taxes, more regulation and a Failing Health care reform. The American People know we need to make a change. We want to thank all of you for being with us tonight. I also want to thank donald trump for making that call in inviting us to be a part of this ticket. I am a smalltown boy from a place not too different from armville for the i grew up in cornfield in my backyard and my grandfather immigrated to this country when he was about my sons age. Built ar and father family in Southern Indiana and a good name and a business and they raised a family. I dream someday of representing my hometown it washington, d. C. But i never imagined i would have the opportunity to be governor of the state i love let alone be sitting at a table like this. So to answer your question, i ifld say i would hope that the responsibility ever felt to , i would bringe a lifetime of experience. A lifetime growing up in a small town, a lifetime serving in the in the state of indiana. Elaine why do so many people distrust Hillary Clinton . Is it because they have questions about her emails and the Clinton Foundation . Mr. Kaine here is what people should look at when they look at a Public Servant. Do they have a passion in their life that showed up before they were in public life and how they held onto that passion throughout their life regardless of whether they were in office or not succeeding or failing . Hillary clinton has that passion from the time as a kid in the suburbs of chicago, she has been focused on serving others with a special focus on empowering families and kids. , firstvil right lawyer lady of arkansas and this country, secretary of state, senator, its always about putting others first and thats a sharp contrast with donald trump. Donald trump puts himself first. On thebuilt a business backs of the little guy and as a candidate, started his campaign with a speech where he called mexicans rapist and criminals the discredited and really outrageous lie that president obama wasnt born in the United States. It is so painful to suggest we go back to think about these days when an africanamerican could not be a citizens of the u. S. And i cannot imagine how governor pence can defend the insult style of donald trump. Pence, you have said donald trump is thoughtful, compassionate. Is a7 of voters feel he risky choice and 65 feel he does not have the right temperament to be president. Why do so Many Americans think esther trump is too erratic . Say first and me foremost that senator, you and Hillary Clinton would know about a lot of insult driven campaigns. At a time in the wake of Hillary Clintons tenure as secretary of state when she was the architect of the obama administrations policy, we see entire portions of the world spinning out of control. Any situation we are watching hourbyhour, syria today is a result of the failed foreignpolicy that Hillary Clinton helped lead and create. Russia mboldened you both have said Vladimir Putin elaine in just a moment. I do want to get back. Mr. Pence thank you. Mr. Kaine you have praised Vladimir Putin as a great leader. Elaine we have that coming up but in the meantime, the question mr. Pence at a time of great challenge in the life of this nation where we have weakened americas place in the world, stifled americas economy, the campaign of Hillary Clinton has been an avalanche of insults. Donald trump has built a business through hard times and good times. An extraordinary business acumen, has employed tens of thousands of people in this country. Elaine why the disconnect with your running mate . Mr. Pence theres a reason why people question the trustworthiness of Hillary Clinton and thats because theyre paying attention. ,hen she was secretary of state come on. She had the Clinton Foundation accepting contributions from foreign governments. Let me talk about mr. Pence i think its still my time. Mr. Kaine isnt this a discussion . Mr. Pence let me finish my sentence if i can. The Clinton Foundation accepted foreign contributions from foreign governments and foreign donors while she was secretary of state. She had a private server mr. Kaine i get to weigh in. Elaine senator, please. You will have an opportunity , letaine governor pence me tell you this. When Hillary Clinton became secretary of state, Osama Bin Laden was alive and we had 175,000 troops deployed in the battlefield in iraq and afghanistan and iran was racing toward a Nuclear Weapon and russia was expanding its stockpile. Under secretary clintons leadership, she was part of the National Public safety team that went after and wife to bin laden off the face of the earth, worked a deal with the russians to reduce their stockpile, worked a tough negotiation with nations around the world to eliminate the iranian Nuclear Weapons program without firing a shot. Mr. Pence eliminate . Mr. Kaine absolutely without firing a shot. 15,000 troopse overseas instead of 175,000. Mr. Pence and iraq has been overrun by isis. Hillary clinton failed to renegotiate a status of forces agreement. Mr. Kaine that is incorrect. Mr. Pence isis has conjured up that vacuum and overrun vast areas of the world. Mr. Kaine president bush said we would leave iraq at the end of 2007. Iraq didnt want our troops to stay and they wouldnt give us the protection for our troops and if a nation where our troops are serving does not want us to stay, we are not going to stay. Mr. Pence it was a failure of the secretary of state elaine a lot of people wondering about the economy. Lets turn to the issue of the economy. According to the Nonpartisan Committee for the sponsor will federal budgets, neither of your economic plans will reduce the growing 19 trillion Gross National debt. In fact, your plan would add even more to it. Both of you were governors and balanced state budgets. Are you concerned that adding more to the debt could be disastrous for the country . Thatence i think the fact under this passive administration which Hillary Clinton is a part, we have almost doubled the national debt. Its atrocious. Im proud of the fact i come from a state where we have a balanced budget, we cut taxes and made record investments in education and infrastructure. I still finished my term with 2 billion in the bank. That is different than what senator kaine was governor in virginia. He tried to raise taxes by 4 billion and left his estate 2 billion in the hole. In indiana, we cut unemployment in half. I think hes a very fitting running mate for Hillary Clinton because in the wake of a season where American Families are struggling in this economy under the weight of higher taxes and obamacare and the war on coal in the avalanche coming out of this administration, Hillary Clinton and tim kaine want more of the same. They are actually advocating 1 trillion in tax increases. When trillion dollars in tax increases, more regulation, more of the same war on coal and more obamacare that even bill clinton s Hillary Clinton wants to build on obamacare and expanded into a singlepayer program and Hillary Clinton thinks obamacare is a good start. Donald trump and i have a plan to get this economy moving again. Just the way it worked in the 1980s and 1960s and that is by lowering taxes across the board for working families, ending the war on coal hurting this economy ,nd jobs, repealing obamacare and repealing all of the executive orders that barack that are signed stifling Economic Growth in this country. If we can get america moving again and the kind of trade deals that have put the america worker first and you have a prescription for real growth and when you get the economy growing, that is when you can deal with the national debt. When we get back to 4 growth with Donald Trumps plan, we will have the resources to meet our nations needs at home and abroad and have the ability to bring down the national debt. Mr. Kaine theres a fundamental choice for the american , a higher president and Hillary Clinton or a fired president and donald trump. Hillary and i have a plan on the table that is a you are hired plan. First thing we do is invest in manufacturing, infrastructure, and researching clean energy jobs. Secondly, we invest in our workforce from prek education to Great Teachers to debtfree college and tuition free college. Third, we promote fairness by and by the minimum wage paying them an equal pay for equal work. Fourth, we promote Small Business growth just as we have done in virginia to make it easier to grow Small Businesses. Hillary and i both grew up in Small Business families. My father is here tonight. And we have a tax plan that targets tax relief to middleclass individuals and Small Businesses and asks those at the very top to pay more. The trump plan is a different plan and there are two key elements. First, donald trump said wages are too high and though donald trump and mike pence think we should eliminate the federal minimum wage, mike pence when he was in congress voted against raising the minimum wage about 5. 15 and has been a oneman bulwark against minimum wage increases in indiana. The second component of the plan for theve tax breaks rich, trillions of dollars of tax breaks for people just like donald trump. Is isoblem with this exactly what we did 10 years ago i put the economy in the deepest recession since the 1930s. Independent analysts said the Clinton Campaign plan would grow by 10 million jobs and donald trump, why would he do this because his tax plan basically helps him and if he ever met his promise and gave his tax return to the American Public, we would see just how much his economic plan is really a trap first plan. Elaine the New York Times recently released part of new trumps 1995 tax release. Mr. Trump said he brilliantly is the law to pay as little tax as legally possible. Does that seem fair to you . Mr. Pence let me say i appreciate the you are hired and you are fired thing, senator. I think youre running mate used a lot of those lines. Ist you just heard out there more taxes, 2 trillion in more spending, more deficits, more debt, more government. If you think thats working, then look at the other side of the table. The policies of this administration, which Hillary Clinton and senator kaine want to continue will run this economy into a ditch. 15 million new jobs. Mr. Pence there are millions more People Living in poverty than before obama stepped into the oval office. Rolltly, senator, you can out the numbers but i have got to tell you people in scranton no different, people in indiana no different. This economy is struggling and the answer to this economy is not more taxes. Mr. Kaine its not actually for the folks at the top. With all due respect, the question was about whether it seems fair to you that mr. Trump uses a lot to pay as little tax as possible. Mr. Pence this is the difference between donald trump and Hillary Clinton and senator kaine. Hillary clinton and senator kaine, career Public Servants. Donald trump is a businessman, not a career politician. He built a business. Those tax returns that came out publicly showed he faced some tough times 20 years ago. Like virtually every other has net operating loss. We have a tax code that actually is designed to encourage entrepreneurship. Mr. Kaine why wont the release his tax returns . Returns shows tax that he went through a very difficult time but he used it the way its supposed to be use and did it brilliantly. Mr. Kaine how do you kno