a new announcement in the republican race for the white house. the congressman ron paul of texas formally declaring that he s forming a presidential exploratory committee. he spoke in the caucus state of iowa. we re told ron paul is still not 100% convinced of launching what would be his third presidential campaign. the former libertarian candidate spoke with eliot spitzer about the still pretty sparse gop field. why are so many republicans apparently hesitant to get into this race, strong candidates with i d yolgs that are well-defined, a president who is below 50 in the approval ratings which is sort of the threshold, why are more republicans not getting in? well, i don t know. they may have to be cautious and maybe believe the president is stronger and the president is liked a lot. in politics, being liked is very
revenues. we need to control spending but we need revenues to keep the government going and they ought to pay their fair share. speaker boehner said president obama would pay a price at polls if gas prices remain high. his comments come as a growing number of americans say they re already dealing with financial stress over those gas hikes. according to the latest washington post/abc news poll, 71% of the country say they re facing hardship because of gas prices. like boehner suggested, those rising fuel costs are costing the president. 67% disapprove of the job president obama is doing. for the republican field, for the 2012 presidential election, it s beginning to take shape. texas congressman ron paul now says he will formally announce he s forming a presidential exploratory committee at an event today in iowa. confirmed that news last night on fox. we re going to announce i m going to start an exploratory
officially begun? reporter: well, not so much. campaign, the fund-raising campaign has begun but we re not going to see the president out on the stump holding big campaign style rallies for as one of his top aides put to to me, a long time. that means months at least. you know, traditionally the candidate who holds the oval office is best served by spending more time looking presidential and less time being an official candidate and i think that s what we ll see in this case. well, let s talk republicans because they re kind of, sort of throwing their hats in the ring. mitt romney forming an exploratory committee. tim pawlenty let it slip that he s running and rick santorum saying he s forming a presidential exploratory committee. my question is, why aren t any of these folks making it official. why the hesitation on the side of the gop? a silly plit political.
president. announcing he has formed a presidential exploratory committee. how big was your raise this year? bankers at jpmorgan chase are reportedly in line for a 34% raise after posting record first quarter earnings. what if you could predict the traffic like you predict the weather? a team of researchers at ibm say they re working on a computer that will predict traffic use in the future. it uses past databases of traffic patterns and sensors that are embedded in roadways throughout california already. no more going to the black market for a white iphone. apple says it will start selling the elusive white iphone 4 in the next few weeks following a ten-month delay. have you been diagnosed with an irregular heartbeat called atrial fibrillation, or afib? if so, now s the time to talk to your doctor again, even if you re already taking medication to reduce your stroke risk. atrial fibrillation can cause a blood clot to form here, in your heart,
mitt romney is finally in, just as his opponents are highlighting today s fifth anniversary of that controversial massachusetts health care bill that he signed into law when he was governor. romney announced his presidential exploratory committee on twitter and online video. i believe in america. i believe in the freedom and opportunity and the principles of our constitution that have led us to become the greatest nation in the history of the earth. this effort isn t about a person, it is about the cause of american freedom and greatness. jonathan martin is senior political reporter for politico and joins me now. first of all, the way he announced it, the timing, and also, you know, the video and what challenges he faces ahead. we haven t seen very much from mitt romney in the last couple of years. this is his big debut, his