It’s official: “Libertarian Conservative” Senator Rand Paul (R-Kentucky) says he’ll be running for president of the United States in 2016.

Paul, 52, announced Tuesday morning that he’ll indeed be pursuing the Republican Party’s nomination for president ahead of next year’s election.

“I am running for president to return our country to the principles of liberty and limited government,” Paul announced on his website.

Tuesday’s announcement makes Paul the second big-name Republican to formalize their bid for the White House in recent weeks. Last month, Sen. Ted Cruz (R-Texas) said he’d also be pursuing the GOP’s nod ahead of the 2016 race.

Paul is expected to outline his campaign during a speech scheduled for later in the day on Tuesday in Louisville, KY.

On Monday, Paul’s office revealed that the senator will be running for office under the slogan, “Defeat the Washington machine — Unleash the American dream.”

The conservative lawmaker and onetime ophthalmologist has advocated during his tenure in Congress for decreased military spending abroad and audits of the Federal Reserve and Internal Revenue Service — issues championed previously by his father, retired congressman Ron Paul, and all but certain to be central points of the senator’s Oval Office campaign.

As RT reported previously this week, Sen. Paul’s campaign agenda will likely also be ripe with calls for reform of the National Security, US drug laws and the military’s use of armed unmanned aerial vehicles, or drones: in 2013, Paul famously led a filibuster on the floor of the Senate in order to discuss America’s drone program during the confirmation hearing for John Brennan, the Obama administration’s pick for Central Intelligence Agency director.

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