The speculation continues about 2016's president race. U.S. News & World Report is reporting that Republican Senator Rand Paul, Kentucky, may seek the Republican presidential nomination and may also receive the Libertarian Party's nomination, as well.

Paul is unlikely to directly seek the support of the Libertarian Party's support. Rand's father, Ron Paul, was a GOP presidential contender in 2008 and 2012 and the Libertarian nominee in 1988.

"A co-nomination from one of the nation's most significant minor parties could help Paul – if he's the Republican nominee – avoid losing hundreds of thousands of votes to an ideological ally. In some states, his name would appear twice on ballots," writes U.S. News & World Report.

Libertarian Party chairman Nicholas Sarwark, officially neutral on the matter, said, "There is a possibility that the delegates in Orlando would nominate Sen. Paul and if they were to do so, I'd work hard to support their choice."

The Libertarian Party's convention in Orlando, Fla., isn't until May 2016, so there will be plenty more speculation, and Libertarian National Committee Executive Director Wes Benedict said he foresees a fight.

"If Rand Paul wins the Republican nomination, I'd expect a big fight within the [party] over whether or not we should run our own candidate," Benedict said. "It wouldn't just be a discussion."

Sen. Paul faces competition from big name Republican neocons like Jeb Bush, Mitt Romney, Chris Christie, who are laying the groundwork for their 2016 run, so it's good to know that if Paul doesn't get the GOP nomination, there's still hope for libertarian / limited government activists to rally behind.

But if he does become the Republican and Libertarian nominee, it could give him the advantage he needs to become the next President of the United States.

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