Vice President Joe Biden will finally announce his 2016 presidential plans in the next 48 hours, sources tell NBC's Kristen Welker. She discusses with Peter Alexander in this video from earlier today (Monday) on MSNBC.

By announcing prior to Thursday, Biden would get out in front of Hillary Clinton's testimony before the Select Committee on Benghazi this Thursday at 10AM*. 

This is not the first time news of an imminent announcement has come, so it remains to be seen if this time will be different.

* The hearing will be telecast live on CSPAN-3

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Our opinion (270toWin) continues to be that Biden will run. He has long wanted to be president; age makes 2016 his last real opportunity. Unlike his prior campaigns, he now has nearly 100% name recognition. In addition, there's no incumbent (from either party) to run against, which makes this a good year to run even if one has no chance, which is clearly not the situation the Vice President is in. Hillary Clinton will be tough competition for the nomination, but unless you are an incumbent, that would always be the case.  

If we're wrong, we're wrong, but running seems like the path of least resistance.