Kentucky GOP Approves Rand's Caucus System

The Kentucky GOP’s central committee voted Saturday to adopt a presidential caucus system next year, clearing the way for Rand  to run for president and reelection at the same time.

This could prove very costly for Rand.

Rand has pledged to pick up the tab for holding the caucuses, which could run $500,000 or more.

The motion to adopt a caucus system required a vote of at least two-thirds of the committee vote to pass. It was approved with 76 percent of the vote, according an announcement posted online, on the condition that Paul transfer $250,000 to a state GOP account next month.

-RW

UPDATE

Rand Paul has issued the following statement:

I applaud the Republican Party of Kentucky on their decision to hold a caucus in the upcoming Republican presidential cycle. The people of Kentucky deserve a voice as the GOP chooses their next nominee, and holding a caucus will ensure that Kentucky is relevant and participates early in the process. I am also grateful for the Republican Party's trust in me, allowing me to run for re-election to the U.S. Senate and seek the nomination for the Presidency of the United States.