Kasich sets up committee that could point toward 2016 bid

A day after saying he's closer to a decision whether to run for president, Ohio Gov. John Kasich has created a committee that lets him raise money to promote a potential campaign.

The 527 committee, New Day for America, was created Monday. A 527 committee lets a prospective candidate raise and spend unlimited cash to promote policy, but the money can't be used explicitly for a political campaign, or shifted to a presidential run.

Among the 2016 Republican hopefuls, Wisconsin Gov. Scott Walker has taken a similar step in preparing for a presidential campaign.

On Sunday, Kasich said he was getting "more and more serious" about jumping into the Republican race.

Kasich recently visited New Hampshire and South Carolina and says he's got a "heavy schedule" ahead.