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Shuffle the 2012 Deck: Jeb Bush Out, Michelle Bachmann In?

Looks like the cards are being reshuffled in the high stakes game to see who the next Republican presidential nominee will be.

Former Gov. Jeb Bush told the AP on Tuesday that he has no intention of running for the White House in 2012. But 2016 is a different matter altogether and he did not rule it out.

But while Bush bows out for the moment, another candidate appears likely to launch a presidential bid -- tea party favorite U.S. Rep. Michelle Bachmann of Minnesota. ABC News is reporting that the congresswoman is considering running for the GOP nod and is headed out to Iowa later in the month.

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