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The next presidential election is more than three years out, but the rumor mill is already churning over the possible candidacy of Donald Trump.

According to the Huffington Post, Trump has already spent over $1 million investigating a possible run.

"The electoral research was commissioned. We did not spend $1 million on this research for it just to sit on my bookshelf," Trump's special counsel Michael Cohen told the Post. "At this point Mr. Trump has not made any decision on a political run, but what I would say is that he is exactly what this country needs. The turnout at these political speeches indicates his following remains very strong and is growing."

Trump has considered a run in 2012, but later bowed out of the race. He stirred the pot quite a bit in 2011 when he publicly questioned the validity of President Barack Obama's birth certificate.

The real estate mogul would likely run on the Republican ticket.,

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