Former Maryland Gov. Larry Hogan (R) said Sunday that No Labels will “very likely” launch a third-party “alternative” if former President Trump and President Biden win the nominations for their parties.

“But if Trump and Biden are the nominees, it’s very likely that No Labels will get access to the ballot and offer an alternative,” Hogan said on CNN’s “State of the Union.” “And if most of the voters don’t want A or B, we have an obligation to give them C, I mean, for the good of the country.”

Hogan, who serves as the national co-chairman of No Labels — a political group that has been pushing for a third-party ticket — said two-thirds of the American people are “not interested” in voting for the Republican or Democratic nominee.

“It’s an overwhelming majority of people who are completely fed up with politics,” Hogan said. “They think Washington is broken. And so, even though this normally is not something that we consider and talk about seriously, because it hasn’t happened in the past, this is something that could happen,” noting that it is still a “long way off.”

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David Axelrod, a former senior adviser to President Obama, pushed back against Hogan’s proposal Sunday, saying, “Honestly, doesn’t that pave the way for Donald Trump? Doesn’t that siphon votes from Joe Biden and elect the person that you have criticized so heavily?”

Hogan disagreed and said the third-party candidate would “pull just as many votes from Donald Trump as Joe Biden.”

“I love Larry Hogan, but that’s just not true,” Axelrod responded. “I think that broken glass will be the jagged edge that cuts the throat of the Biden campaign. History shows that. Trump has a high floor and a low ceiling. If you lower the ceiling to where his … high floor is good enough to win, he will win. And he benefited from third parties in 2016. This would be a dreadful mistake if the goal is to deprive Donald Trump of the presidency.” Axelrod called it the former president’s “hope” and “prayer.”

No Labels founder and CEO Nancy Jacobson said last month that the political organization would end its third-party effort if it is helping Trump. In an interview with NBC News, Jacobson said No Labels would not “spoil for either side” and would only do it “to win.”

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