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Published December 01, 2014

Nov. 21, 2014: Kentucky Senator Rand Paul speaks to the Chase Federalist Society at Northern Kentucky University(AP)

Kentucky Sen. Rand Paul will announce Tuesday he is seeking a second term in the Senate in 2016, Fox News confirms.

The Kentucky Senator, who is considering a presidential run in the same year, said he is still about four to six months away from making an official decision about whether or not to run for president.

"The one thing we've decided is that I'm definitely running for re-election," Paul told the Lexington Herald-Leader.

"We still have great problems that confront us, and I think there needs to be a voice for fiscal sanity looking at spending across the board and saying, 'We've got to look at all facets of government in order to control spending, or we don't at our own peril,'" Paul said.

Paul cites the Obama administration's "war on coal" and the need to pay for road and bridges in the state as reasons why voters should give him another term.

"I think that there's unfinished business in the sense that I ran for office because I was frustrated that the country was accumulating so much debt and that I was worried that it was not only a drag on the economy but ultimately I think a threat to the country," Paul said. "I've been here for four years in the minority party, and I think the Democrats have continued to make it worse. We still borrow a million dollars a minute."

The senator thinks Kentucky is becoming a more conservative state and says Obama is leading the country in the wrong direction. Paul also hopes he can turn U.S. companies operatign overseas to comeback home and return to its high profits.

Paul also hopes that a Republican Congress can use all appropriations bills to "rein in the arrogance and the lawlessness of the president."

See the original post:
Ky. Sen. Paul to announce re-election campaign - Ohio Sen. Portman will not seek WH bid