Fred Thompson to Enter Race Tuesday

That's the word, according to Nashville's WSMV.

A source close to the campaign planning tells WSMV that that Thompson planned to announce his candidacy on the steps of the historic Fall School Building Tuesday, but Thompson campaign officials deny that Tuesday's announcement is an official run for the White House.

The source tells WSMV report says that the Thompson campaign has obtained the lease for that building to turn it into a national campaign office.

"Everything's in place for tuesday," the source told WSMV. "There are three major events built around his announcement." But Bob Davis, the Tennessee Republican Party Chairman, and Thompson's former Chief of Staff says "There will not be an annoucement Tuesday."

Ron Paul was unavailable for comment.