CBS/AP) "I'm in. And I'm in to win."
So says Democratic Senator Hillary Rodham Clinton in a statement on her Web site today, announcing the formation of a presidential exploratory committee as she embarks on a widely anticipated campaign for the White House.
The Democratic Senator from New York and former First Lady will be campaigning to become the nation's first female president.
She announced that beginning January 22 she will host a series of online chats on her Web site, inviting voters to join a discussion about the issues to be addressed in the upcoming campaign.
"I have spent a lifetime opening opportunities for tens of millions who are working hard to raise a family: new immigrants, families living in poverty, people who have no health care or face an uncertain retirement," Clinton said.
"The promise of America is that all of us will have access to opportunity, and I want to run a 2008 campaign that renews that promise, a campaign built on a lifetime record of results."
Clinton's announcement, coming days after Sen. Barack Obama shook up the 2008 race with his bid to become the first black to occupy the White House, establishes the most diverse political field. Clinton is considered the front-runner, with Obama and 2004 vice presidential nominee John Edwards top contenders. New Mexico Gov. Bill Richardson, who would be the first Hispanic, intends to announce his plans on Sunday.
"All things considered, she is a little bit more a front-runner than Senator Obama," said Geoff Garin, a Democratic pollster not aligned with any candidate. He put the odds at "better than 50-50 that the nominee will come from that pair."
Obama said in a statement soon after Clinton's entry, "I welcome and all the candidates, not as competitors, but as allies in the work of getting our country back on track."
Last week – after Obama's announcement but before her own – Sen. Clinton told CBS News' Harry Smith that she was glad to have Obama in the race.
"It's terrific that we're going to have a very vigorous primary, on both sides," Clinton said. "I'm looking forward to a spirited and substantive debate about issues, about goals, about aspirations, about experience, about the kinds of things voters would be interested in."
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With millions in the bank, a vast network of supporters and top status in nearly every poll of Democratic contenders, Clinton has launched the most viable effort by a female candidate to capture the White House. She is the first presidential spouse to pursue the office; her husband, Bill, served two terms in the White House from 1993-2001.
The announcement was the latest step in a remarkable political and personal journey for the 59-year-old Clinton — from Arkansas attorney to first lady to New York senator to front-runner for the Democratic nomination.
A polarizing figure since she burst on the national scene during her husband's first presidential campaign, Clinton engenders strong opinions among voters, who either revere or revile her but rarely are ambivalent.
She often is compared to her husband and found lacking in his natural charisma. Others have criticized her for being overly cautious and calculating when so many voters say they crave authenticity.
Many Democrats, eager to reclaim the White House after eight years of President Bush, fret that she carries too much baggage from her husband's scandal-plagued presidency to win a general election. Among many voters, she is best known for her disastrous attempt in 1993 to overhaul the nation's health care system and for standing by her husband after his marital infidelity.
Clinton's allies counter by citing her strengths — intelligence, depth of experience, work ethic and immense command of policy detail. Advisers argue those skills, plus her popularity among women and younger voters, position her strongly as both a primary and general election candidate.
In her first run for the Senate from New York in 2000 — a state where she had never lived and where she was branded a carpetbagger by many — Clinton won a landslide victory. Through dogged campaigning — including a "listening tour" of the state's 62 counties — Clinton was able to convince voters even in the conservative upstate region that she would represent them effectively in Washington.
Clinton's 2002 vote authorizing military force in Iraq has become a significant political challenge — angering activists who want her to repudiate her vote and aggressively seek to block Bush's proposed troop increase.
She has toughened her criticism of the conduct of the war and Bush's handling of the conflict, and she recently called for capping troop levels in Iraq at around 140,000. She has rejected calls from liberal groups and Edwards to cut off funds for Bush's planned increase in U.S. troops.
Clinton grew up in the Chicago suburbs in a conservative Republican household and was a "Goldwater girl" in 1964, supporting conservative icon Barry Goldwater in the presidential race won by Democrat Lyndon B. Johnson.
By 1968, she was a Democrat. After graduating from Wellesley College, she attended law school at Yale where she met her future husband, Bill Clinton. In 1974, she worked on the House Judiciary Committee's impeachment investigation of President Nixon before moving to Arkansas where she and Clinton were married in 1975.
A key player in her husband's political career in Arkansas, she leapt to the national scene during the 1992 presidential campaign when the two fought to survive the scandal over Gennifer Flowers' allegations of a lengthy affair with Clinton when he was the state's governor. The Clintons appeared together on "60 Minutes" to talk about their marriage - her first famous "Stand by Your Man" moment.
As first lady, Clinton headed up a disastrous first-term effort to overhaul the nation's health care insurance system. There was more controversy as the couple battled allegations of impropriety
over land deals and fundraising, missing records from her former Arkansas law firm and even her quick and hefty profits from an investment in cattle futures.
There was no let-up in the second term, as the president found himself denying — then admitting — having a sexual relationship with White House intern Monica Lewinsky. As he battled impeachment and possible removal from office, his wife's poll numbers rose.
Her own political career began to take shape in late 1998 when New York Democrat Daniel Patrick Moynihan announced he would not seek re-election to the Senate seat he had held since 1976. Within a few weeks, the first lady was being talked up by fellow Democrats
as a possible Moynihan replacement.
On February 12, 1999, the very day the Senate was voting not to remove her husband from office, Clinton met in the White House's family quarters with veteran New York Democrat Harold Ickes, a former Clinton administration deputy chief of staff, to talk about a Senate run.
The campaign trail was not always friendly. For almost every cheer, there was a shouted "Go home, Hillary!" and the emerging Republican theme that carpetbagger Clinton simply wanted to use New York as a launching pad for a later presidential run. She pledged to serve her full six-year Senate term if elected.
In the Senate, Clinton quickly moved to establish herself as someone who could work with Republicans or Democrats, often sponsoring high-profile legislation with GOP colleagues.
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