Gramm Will Launch Race For President

Texas Sen. Phil Gramm indicated Sunday that he will formally announce his run for the 1996 Republican presidential nomination on Feb. 23.

“I think it’s safe to assume the word is yes,” Gramm said on CNN’s “Late Edition” when asked whether he will declare his candidacy on that date.

Other Republicans leaving little doubt of their intention to seek the GOP nomination include Pennsylvania moderate Sen. Arlen Specter and former Tennessee Gov. Lamar Alexander. Former Vice President Dan Quayle and Sen. Bob Dole are also considered likely candidates.