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00:00 That's why I'm running for reelection.
00:02 It could be considered the worst kept secret in American politics.
00:06 Joe Biden has long said he intended to seek another term as president,
00:10 and on Tuesday he made it official.
00:13 He used his first campaign ad to lash out at what he called "mega extremists"
00:18 and the danger they pose to democracy and personal freedom.
00:22 When I ran for president four years ago,
00:24 I said we're in a battle for the soul of America, and we still are.
00:29 Polls show that a vast majority of Americans think Biden should not run for a second term,
00:35 but despite that, he's widely seen as having a smooth path to the Democratic nomination.
00:40 No serious challenger on the Democratic side has emerged.
00:44 Two other candidates have declared, self-help author Marianne Williamson
00:48 and Robert F. Kennedy Jr., who espouses anti-vaccine conspiracy theories.
00:54 A vast majority of Democrats say they would support Biden in a general election,
00:59 but many in the party are worried about the president's age.
01:02 Biden is 80 years old and would be 86 by the end of a second term.
01:07 It is going to be a historic bid for the presidency.
01:10 He right now is the oldest president to have ever held office,
01:14 and running at the age of 82 is going to raise issues.
01:21 On the Republican side, polls among GOP voters show former President Donald Trump,
01:26 who is 76 years old, is the current frontrunner.
01:30 Former governors Nikki Haley and Asa Hutchinson have declared their candidacies,
01:36 while others, including Florida Governor Ron DeSantis, former Vice President Mike Pence,
01:41 and Senator Tim Scott, are also expected to jump into the race.