It's Official as Obama Announces He's Running Again in 2012

President Barack Obama announced on Monday that he intended to seek a second term.

The Obama team launched a video as well as awebsite on Monday.

While the video focused on Obama backers and why they supported the presidents bid for a second term, the website did have one telling feature as it included a reference to Obama-Biden.

While there had been speculation that Vice President Joe Biden would be replaced on the Democratic ticket, Secretary of State Hillary Clinton, the most likely option to take his place, announced last month that she had no interest in the position.

Republicans quickly responded to the announcement. Former Gov. Tim Pawlenty of Minnesota, who has formed an exploratory committee to seek the Republican presidential nomination, released a video of his own responding to the news.