KING: In view of that, do you think that it's fair, for the record, John Kerry's service record, to be an issue at all? I know that Senator McCain...
G. BUSH: You know, I think it is an issue, because he views it as honorable service, and so do I. I mean...
KING: Oh, so it is. But, I mean, Senator McCain has asked to be condemned, the attack on his service. What do you say to that?
G. BUSH: Well, I say they ought to get rid of all those 527s, independent expenditures that have flooded the airwaves.
There have been millions of dollars spent up until this point in time. I signed a law that I thought would get rid of those, and I called on the senator to -- let's just get anybody who feels like they got to run to not do so.
KING: Do you condemn the statements made about his...
G. BUSH: Well, I haven't seen the ad, but what I do condemn is these unregulated, soft-money expenditures by very wealthy people, and they've said some bad things about me. I guess they're saying bad things about him. And what I think we ought to do is not have them on the air. I think there ought to be full disclosure. The campaign funding law I signed I thought was going to get rid of that. But evidently the Federal Election Commission had a different view.KING: You have a view, Laura?
L. BUSH: About the 527s?
KING: Yes and also about the ads that have been running...
L. BUSH: No, I haven't seen...
KING: ... from the former servicemen who said his service record is a lie.
L. BUSH: I haven't seen those ads either. But I do know there are a lot of terrible ads against George, as well, by 527s. You know...
G. BUSH: Look, the senator ought to be proud of his record.
KING: Senator McCain has been very strong in condemning it and he's very strong endorsing you...
G. BUSH: Yes, he is. Senator Kerry is justifiably proud of his record in Vietnam and he should be. His noble service -- the question is...
(CROSSTALK)
G. BUSH: The question is: Who can best lead the country in a time of war? That's really what the debate ought to be about. And I think it's me. Because I understand the stakes.
http://transcripts.cnn.com/TRANSCRIPTS/0408/12/lkl.00.html