1. SHE’S IN

    Bachmann Launches 2012 Bid

    Republican presidential candidate U.S. Rep. Michele Bachmann (R-MN) speaks during the 2011 Republican Leadership Conference on June 17, 2011 in New Orleans, Louisiana. The 2011 Republican Leadership Conference runs through tomorrow and will feature keynote addresses from most of the major Republican candidates for president as well as numerous Republican leaders from across the country.

    Justin Sullivan / Getty Images

    All of her pre-announcements out of the way, Rep. Michele Bachmann made it official in her hometown of Waterloo, Iowa, today. "We can't afford four more years of Barack Obama,” she said, officially kicking off her campaign for the presidency. The Minnesota Republican accused the president of “four years of failed leadership” in foreign policy, the economy, housing, and an “unconstitutional health plan that costs too much and is worth too little." An Iowa poll released yesterday showed the Tea Prty favorite tied with Mitt Romney for the GOP nomination.

    Read it at Politico