The race is on and the money is in the bank: Gov. 2014 here we go.

It was no real surprise that Gov. Paul LePage announced his bid for re-election during a fundraising event in Kennebunkport Tuesday night. The Governor had, at one point, claimed to want to run for Congress, but that was quickly dismissed.

His opponents, Independent Eliot Cutler and Democratic Congressman Mike Michaud have both raised a sizable amount of cash for their run for the Blaine House. But the Governor hasn’t yet said what he’s raised.

Also, the Legislature has wrapped up its session. Phil and Ethan give us their grades for both the Democrats and Republicans.