Less than a year before the Iowa caucuses, a varied and ambitious group of Republicans has been jockeying for their party's presidential nomination, and a chance to go head-to-head with President Obama in 2012.
Here's a look at 24 Republicans whom ABC News has identified as likely and not-so-likely contenders in 2012:
FRONT-RUNNERS
Mitt Romney
Former Governor of Massachusetts
Former Governor of Massachusetts
"I haven't made a decision yet as to what we're going to do ... but I can tell you that I'm very drawn to the fact that this country needs someone who has private sector experience, because this economy is troubled." Romney on "GMA," Feb. 1, 2011.
PROS: Strong name identification. Experienced campaign team with proven fundraising ability. Success as a businessman.
CONS: The Massachusetts health care law that was enacted during his tenure as governor, especially the controversial measure of individual mandates. His religion (Mormon) is still seen by many as an impediment to greater appeal among socially-conservative evangelical Christian primary voters.
Tim Pawlenty
Governor of Minnesota
Governor of Minnesota
"I'm running for president because I can tackle and fix the budget deficit and the debt and get this economy back on track. That's what I did in Minnesota and that's what I can do for America." Pawlenty announces presidential campaign on "GMA," May 23, 2011.
PROS: Record of fiscal conservatism as governor. Midwest roots give him leg up in Iowa caucus. "Electability argument." "Sam's Club" brand of "commonsense conservatism" allows him to reach beyond traditional GOP base and attract independents in a general election. Serious and credible campaign team in place.
CONS: Fundraising: He's never had to raise big bucks before and couldn't because of restrictive state campaign finance laws. He may be able to raise what he needs, but no one knows for sure if he can. Can "Minnesota Nice" win over a restive and fired-up base?
Newt Gingrich
Former Speaker of the U.S. House
Former Speaker of the U.S. House
"I'm announcing my candidacy for President of the United States, because I believe we can return America to hope and opportunity, to full employment, to real security, to an American energy program, to a balanced budget." Gingrich announcement video, May 11, 2011.
PROS: Name ID. Goodwill among party base. Seen as "ideas guy," big thinker and intellectual heavyweight. Skilled grassroots organizer.
CONS: Messy personal life, including multiple divorces. Fundraising: He's been able to raise for his 527 groups but those don't have the restrictive limits that presidential candidate has to live under.
Sarah Palin
Former Governor of Alaska
Former Governor of Alaska
" I'm looking at the lay of the land now, and ... trying to figure that out, if it's a good thing for the country, for the discourse, for my family." Palin to ABC's Barbara Walters, November 2010.
PROS: Name ID. Access to grassroots fundraising. Strong following among social conservatives and Tea Party types. Ability to dominate "free" media means she doesn't have to spend as much money on paid advertising.
CONS: Lack of organizational campaign structure or strategy. Even among those who view her favorably, there's an electability concern. Mixed record in Alaska, especially the fact that she quit midway through her term as governor.
CHIEF CHALLENGERS
Michele Bachmann
Congresswoman from Minnesota
Congresswoman from Minnesota
"I'm in for 2012 in that I want to be a part of the conversation in making sure that President Obama only serves one term, not two." Bachmann to ABC's Jonathan KarlMar. 24, 2011.
PROS: Strong support from Tea Party activists. Minnesota base gives her great access and credibility in Iowa. Proven ability to raise money.
CONS: A polarizing figure. Can she broaden her appeal beyond a narrow slice of the Republican electorate?
Jon Huntsman
Former U.S. Ambassador to China
Former U.S. Ambassador to China
"Things are moving pretty quickly. Whatever timeline one is looking at can't be more than a couple months." Huntsman to reportersafter meeting with South Carolina Gov. Nikki Haley, May 7, 2011.
WILD CARDS
Ron Paul
Congressman from Texas
Congressman from Texas
"Time has come around to the point where the people are agreeing with much of what I've been saying for 30 years." Paul announces his candidacy on "GMA", May 13, 2011.
Rick Santorum
Former Senator from Pennsylvania
Former Senator from Pennsylvania
"There isn't a single candidate running for president who can claim to be a tea party candidate…I qualify." Santorum to Politico, November 2010.
Herman Cain
Former CEO of Godfather's Pizza
Former CEO of Godfather's Pizza
" I am confident enough to be president... After I go through this phase and the decision is yes, trust me, I'm running to win." Cain on "Top Line," January 2011.
Charles Elson "Buddy" Roemer III
Former Governor of Louisiana
Former Governor of Louisiana
"I'm going to be a factor in 2012." Roemer on "Top Line" , March 2011.
John Bolton
Former U.S. Ambassador to the United Nations
Former U.S. Ambassador to the United Nations
"Yes, I am considering it." Bolton to conservative WABC radio talk show host Aaron Klein, November 2010.


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