Bachmann: Obama's policies have pushed me to consider a run for president

President Obama's policies are mostly what's motivating Rep. Michele Bachmann (R-Minn.) to consider running for president, she said Wednesday.

"I think increasingly, watching the Obama policies has been what's galvanized my thinking," Bachmann said in an interview with Time magazine's Swampland blog.

The Tea Party favorite is mulling a decision to form an exploratory committee for the 2012 presidential race sometime this summer. In the interview today she reiterated her statement that if she decides to run, her announcement will be before August, when the the Iowa GOP straw poll takes place.

Bachmann has said in past interviews that she thought it's important for any serious candidate in the presidential race to be included in the straw poll.

“The Iowa straw poll I think will be a key for us," Bachmann previously told the Des Moines Register. "That will be a focal point. And so we’ll have to make the decision so we can meaningfully participate in the Iowa straw poll.”