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Mayor Mike Might Spend a Billion in Prez Bid

TPM Cafe story:

The Washington Times reports that Mike Bloomberg is not only getting ready to mount an Independent candidacy for President -- he's set aside a whopping $1 billion of his own money for the race. Mayor Mike has also reportedly lowered the bar on whether he'll make a run -- he used to tell associates he would only run if he thought he could win a three-way race, but now he's ready to run if he simply thinks he can influence the national debate. And remember: He's been seen dining recently with Chuck Hagel.

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