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Rand Paul Sets Timeline to Decide Presidential Bid

Rand Paul has said he's considering running for president in 2016. (Bill Clark/CQ Roll Call File Photo)

Sen. Rand Paul will announce whether he'll run for president by next spring, the Kentucky Republican said Monday.  

"Next spring we'll probably — our decision — when we'll make our final decision," Paul told anchor Charlie Rose on "CBS This Morning."  

Paul is one of a handful of Republican senators mulling a national bid in 2016. The freshman senator is up for re-election next cycle. Kentucky law currently states Paul could not run for re-election to his Senate seat and president simultaneously. Paul's political team  argues that rule is unconstitutional . An attempt to modify the law went nowhere in the legislature last spring. Abby Livingston contributed to this report Roll Call Election Map: Race Ratings for Every Seat Get breaking news alerts and more from Roll Call in your inbox or on your iPhone.