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Hotline Sort: Hello, Neumann

5) Wealthy investor Wil Cardon, who is challenging Rep. Jeff Flake, R-Ariz., in the Senate race, was expected to provide his campaign with an initial burst of cash. But the Arizona Republic reports his campaign is signaling that a large infusion may not necessarily be imminent and that Cardon is focusing on traditional fundraising. 4) National Journal's Beth Reinhard, covering Rep. Michele Bachmann's first campaign stop in Florida, said the visit "will test whether she can transfer the charisma and grassroots organization that gave her rock-star status in Iowa into a much larger and more diverse state that will be equally, if not more, influential in choosing the Republican party's 2012 nominee." One of Bachmann's major challenges in Florida is a campaign from Texas Gov. Rick Perry building a formidable organization in the state. 3) Iowa farmers weren't happy with Perry's answer Saturday about an ethanol mandate that requires the petroleum industry to put the corn-based fuel in gas pumps, the Des Moines Register reports. Perry: "The federal government doesn't need to pick winners and losers. Rather, the federal government needs to get rid of all of these onerous regulations that are costing you substantial amounts of money. They need to level the playing field for everyone." Meanwhile, the New York Times/Texas Tribune take a closer look at Perry's record on states' rights this morning, finding that the governor has come to publicly embrace states' rights as a defining issue only in the past few years. 2) Even as Elizabeth Warren has launched a Massachusetts Senate race exploratory committee, keep an eye on Democratic Rep. Michael Capuano, whose spokeswoman says is "in the final phase of the decision-making process and will be making an announcement regarding the Senate soon." 1) Former Rep. Mark Neumann is set to become the first candidate in the Wisconsin Senate race today. His expected announcement is good news for conservatives who want an alternative to former Gov. Tommy Thompson, who is also seriously considering a bid. But if more Republicans enter the primary, Thompson could stand to benefit from conservative vote splitting. Keep an eye on state Assembly Speaker Jeff Fitzgerald -- an ally of Gov. Scott Walker -- who said last week he was 99 percent sure he would run for the Senate. -- Steven Shepard contributed to this post

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