By Kate Bolduan and Producer Lindsay Perna

Producer Elizabeth Stuart contributed to this report

Vice President Joe Biden joked this week that being able to drive his Corvette – is one good reason not to run. But, when asked to give another good reason not to run, Biden responded simply.

“I can’t.”

“There may be reasons I don't run, but there's no obvious reason for me why I think I should not run,” he said in the interview with Kate Bolduan on CNN’s “New Day.”

Biden went on to say he would make a decision “realistically, a year this summer.”

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