for president. she says there has been outpouring of interest in her bid. and bret baier looks at pro and cons of the candidacy. >> no denying the first republican woman to be elected to the u.s. house of representatives from minnesota. >> we need to make sure that the government spending is less so families can have more. >> congresswoman michele bachmann is a fund raising powerhouse. >> ladies and gentlemen, barack obama's worst nightmare. [ applause ] >> in her third term she is a tea party favorite and chair of the house tea party caucus. now with that support, she could be on her way to a white house run. >> i am still in the decision-making phase. we are laying groundwork in new hampshire, iowa, south carolina and down in florida. >> south carolina is filled with the scene of people who fight and people who fight for liberty and people who love