Trump: Cruz picking Fiorina as running mate 'waste of time'

'On the Record' Town Hall with Donald Trump: 2016 GOP front-runner says it was not only early for Ted Cruz to pick a running mate, but he has 'zero chance' of victory and only wanted to 'get back into the news cycle' #TrumpTownHall

This is a rush transcript from "On the Record," April 27, 2016. This copy may not be in its final form and may be updated.

(BEGIN VIDEOTAPE)

DONALD TRUMP, GOP PRESIDENTIAL CANDIDATE: We're going to be spending numerous days in Indiana and it's going to be something really, really special.

GRETA VAN SUSTEREN, FOX NEWS HOST (VOICE-OVER): Fresh off a huge sweep of primaries in five states, Republican presidential front-runner Donald Trump is moving ahead to the key state of Indiana.

And that's not all. Trump also making a major foreign policy speech.

TRUMP: Containing the spread of radical Islam must be a major foreign policy goal of the United States, and indeed, the world. I will not hesitate to deploy military force when there is no alternative.

But if America fights, it must only fight to win. The whole world will be safer if our allies do their part to support our common defense and security.

A Trump administration will lead a free world that is properly armed and funded, and funded beautifully.

(END VIDEOTAPE)

(APPLAUSE)

VAN SUSTEREN: And welcome to the "On the Record" one-hour town hall with presidential candidate and GOP front-runner Donald Trump.

And we are here in Indianapolis at the Hilbert Circle Theatre, home of the Indianapolis Symphony Orchestra.

I have many questions for Donald Trump and so does our audience. So now let's welcome presidential candidate Donald Trump.

Welcome, Donald.

(CHANTS OF "TRUMP")

VAN SUSTEREN: And now my first question to Donald. First of all, thank you very much for joining us.

TRUMP: This is really exciting, what a beautiful.

(APPLAUSE)

TRUMP: And we love Indiana. This is great. Thank you all.

VAN SUSTEREN: All right. I'm going to start with the political news of the day. Senator Ted Cruz has announced that his vice presidential candidate is Carly Fiorina. What's your reaction to that?

TRUMP: Well, I think it's really a waste of time, honestly.

(APPLAUSE)

TRUMP: I think it should be over. If Indiana treats us right, we're going to make America great again. We're going to get rid of these politicians. And we're going to do the right job.

I mean, two days ago it was Kasich, they were going to form an alliance and they were going to collude and they were going to get together. And then all of a sudden Kasich didn't live up to his side of the deal and they're fighting with each other. And now he's doing the Carly thing.

I just don't see it. It's awfully early. Number one, it's very early. I mean, you're not supposed to be doing it this early. But I don't see it.

VAN SUSTEREN: All right. Who is on your list?

TRUMP: Well, I have a lot of great people, I just don't want to talk about it now. I would like to finish the deal first. You know, Cruz has no path to victory and neither does Kasich.

And I like to (INAUDIBLE), we've got to get it done. And once the deal is done, you'll be -- maybe, I'll make you the first to know, right? We'll make it a first. But we'll let you know.

We have some really great people. But I just think it's so early in the process. You have to first get the nomination. Here's the guy picking a vice presidential candidate, he has zero chance. He has no path. It's sort of crazy.

So I think it's -- well, it gets him in the news cycle because he has been totally taken out. He had a horrible day yesterday. And he came in third, meaning third out of three, most of the time.

(LAUGHTER)

TRUMP: Most of the -- I guess four out of five he was third. And he picked up no delegates. And, you know, we're talking about major states like Pennsylvania, like Maryland. I mean, we're talking about big stuff. And Connecticut. He came in -- he got nothing. And I think he wanted to do something to get out of that negative cycle.

And in that sense it was probably good for him. But people will not like it.