Story highlights The report noted speculation about whether Trump will make it through his first term and go on to run for re-election

Pence and Conway both blasted the notion

Washington (CNN) Vice President Mike Pence sought to bat down a report from The New York Times on Sunday that said he would plan to run for president should President Donald Trump not seek a second term.

"Today's article in The New York Times is disgraceful and offensive to me, my family, and our entire team," Pence's statement read.

The statement went on to say the suggestion that Pence was not working solely for Trump's agenda and re-election was "laughable and absurd."

The vice president's decision to rebut the story Sunday through an official written statement rather than verbally or through a spokesperson was a rare move from a high-ranking administration official.

The Times' report noted Pence's aggressive political schedule and fund-raising operation and said multiple advisers told donors that Pence would run for president if Trump did not.

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