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Ending months of speculation, former White House budget director Mitch Daniels filed paperwork Monday to start raising money for a 2004 run for Indiana governor.

The announcement outside the Statehouse came from state Sen. Murray Clark of Indianapolis, who said he was dropping his bid for the Republican nomination to head Daniels’ campaign committee.

State Sen. Vi Simpson and former state and national Democratic Chairman Joe Andrew are seeking the Democratic nomination.

Gov. Frank O’Bannon, a Democrat, cannot seek a third straight term under state law.