First Read: “The truest signals of Biden’s 2016 plans are 1) setting up some sort of fundraising committee, and 2) hiring staff who could work on a campaign. And after a month of intense speculation about Biden’s White House intentions, he still has done neither. Remember, having a sitting vice president traveling to Iowa or New Hampshire for campaign events would cost tens of thousands — if not hundreds of thousands — of dollars per day. So Biden can’t run on the cheap.”

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