Joe Biden launching PAC

Former Vice President Joe Biden is launching a new PAC, American Possibilities, on Thursday, "dedicated to electing people who believe that this country is about dreaming big, and supporting groups and causes that embody that spirit."

While the goal of the PAC is to get Democrats elected, it is fueling rumors that Biden is seriously considering running for president in 2020. In a message that will go live on Medium Thursday morning, Biden says that "thinking big is stamped into the DNA of the American soul. That's why the negativity, the pettiness, the small-mindedness of our politics today drives me crazy. It's not who we are." Greg Schultz, Biden's political director during his second term as vice president, has been hired as the PAC's executive director.

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Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.