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Ron Paul Announces Presidential Exploratory Committee in Iowa

U.S. Representative Ron Paul of Texas announced today in Iowa that he is forming an exploratory committee for a third presidential campaign.

Paul, a longshot 2008 Republican presidential candidate whose anti-tax, anti-government politics struck a chord with a swath of voters and fueled fundraising, will make a decision on whether to run by the middle of next month, said Jesse Benton, his political director.