Here is the full text of Spaulding's note:"After a good deal of consideration, conversation, and introspection, I have decided to forgo a campaign for Governor in 2010 and instead focus intently on fulfilling my responsibilities as Vermont's State Treasurer. I thought you might like to know this before the word gets around.
Many of you know how enthusiastic I am about serving as State Treasurer with all of you. In these difficult economic times, the job is especially challenging and rewarding. I can serve Vermonters best at this time by paying close attention to the financial affairs of our State with as few distractions as possible.
I look forward to working together."
Spaulding was one of several prominent Democrats considering a gubernatorial bid to challenge Republican Gov. Jim Douglas — if he seeks reelection.
The others include Secretary of State Deb Markowitz, former Lt. Gov. Doug Racine (who is currently a state senator from Chittenden County), along with former State Sen. Matt Dunne (D-Windsor), Senate President Pro Tem Peter Shumlin (D-Windham), Appropriations Chairwoman State Sen. Susan Bartlett (D-Lamoille), and Majority Leader Sen. John Campbell (D-Windsor).
Of this lot, Markowitz and Racine have done the most serious groundwork to date. Last Friday, Markowitz even filed paperwork setting up an official exploratory committee. She also hired Jason Powell, who ran the Obama campaign in Vermont, to help out her nascent campaign.
For a full report on why Democrats may be lining up, and why they face a tough challenge if Gov. Douglas opts to run for reelection, check out this week's "Fair Game."