Michigan Gov. Snyder rules out Republican presidential run

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LANSING, Mich. (AP) — Michigan Republican Gov. Rick Snyder has ruled out running for president in 2016.

He issued a statement Thursday saying he does not plan to run. He says he'll instead focus on "continuing Michigan's reinvention." He says his Michigan work is not done and "there are historic issues to solve."

Politico first reported Wednesday that Snyder wouldn't run.

Snyder has upped his out-of-state travel after allies formed a nonprofit fund to help him tell of Michigan's economic rebound, raising prospects of a potential campaign. Snyder says a "commonsense problem solver" is needed in the race.

The 56-year-old former venture capitalist wouldn't have been a leading presidential contender. He says he will still travel nationally because that "can help grow our state by attracting more investment, businesses and new residents."

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