Sen. Rand Paul: It would be an 'honor' to be considered for VP on a Romney ticket

At a speech in Louisville, Ky., Paul was asked directly how he would respond if Romney received the nomination and offered him the VP spot.

“I don’t know if I can answer that question, but I can say it would be an honor to be considered,” he said.

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Paul also suggested on Wednesday that thanks to the presidential run by his father, Rep. Ron Paul (R-Texas), there is now at least a 30 percent chance that no GOP presidential candidate will possess the minimum number of delegates to clinch nomination before the beginning of the GOP convention. 

The Lexington Herald-Leader reported on Wednesday afternoon that Paul suggested Super Tuesday, the day on which 10 states will hold simultaneous primaries, would likely determine how the GOP nomination process might go forward. 

A brokered convention takes place when no candidate arrives at the national convention with a sufficient number of candidates to ensure nomination.