Bachmann Launches Presidential Campaign, Says Nation 'Cannot Afford Four More Years of Barack Obama''



foxnews.com
WATERLOO, Iowa – Rep. Michele Bachmann, stressing her Iowa roots and appealing directly to Tea Party voters, came out punching Monday as she formally launched her campaign for president.

Buoyed by a strong showing in several recent polls, the Minnesota congresswoman cast her campaign as the voice for "constitutional conservatives" looking for a government that lives within its means while giving the private sector the room to grow. She launched a broadside against President Obama for racking up too much debt while stimulating too little job growth and vowed to make him a "one-term president."

"We cannot afford four more years of Barack Obama," she declared, later adding: "We can win in 2012 and we will win
."

In her announcement, Bachmann described a special bond with Iowa, the nation's leadoff caucus state. She held the kickoff in her hometown of Waterloo, Iowa, and called herself a "descendent of generations of Iowans," saying the state is where she learned "everything I needed to know." She also appealed to another vital primary constituency, calling herself part of the Tea Party movement and defending it as a cross-section of Republicans, independents and disaffected Democrats.
Video: Bachmann talks about her Iowa roots today in Waterloo