Colorado Gov. Bill Ritter announced today that he won’t run for re-election this fall.

In a press conference at the capitol, Ritter said he intends to spend more time with his family.

Considered a rising star in the Democratic Party, the first-term Democrat was elected during 2006 in a pivotal swing-voting state.

Pundits say that Denver Mayor John Hickenlooper and Andrew Romanoff, a former state legislator, are among the potential Democratic candidates.

Two Republicans are seeking the GOP nomination: Former congressman Scott McInnis and businessman Dan Maes.

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