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Pence announces campaign for Indiana governor

Indiana Congressman Mike Pence (R) -- who had mulled running for president at one time -- today announced his candidacy for Indiana governor.

In a video, Pence says:

I've been humbled by the outpouring of encouragement we've received from people across this state, and it's for that reason today I'm announcing my candidacy for the Republican nomination for governor of Indiana in 2012.

While a formal campaign kickoff will come later, I wanted you to be the first to know that I'm in this race. We think now is the time to move forward.