The 2016 Election: Who's Out, Who's In, and Who's On Top

When it comes to the 2016 election, the playing field is finally beginning to pare down.

While there are still more than a dozen Republicans running, two have dropped out (Wisconsin Gov. Scott Walker and former Texas Gov. Rick Perry). And the number of Democrats seeking a bid has fallen from six to three. Rhode Island Gov. Lincoln Chafee and former Virginia Sen. Jim Webb have quit the race. (Plus Vice President Joe Biden announced last Wednesday he is definitely "not running.")

Even as the number of candidates vying for the White House shrinks, there remains a flood of 2016 election news every day.

To help out with that, we at Money Morning gathered the latest, most relevant election information to keep you updated on what's happening in the world of politics as it happens.

Here's everything you need to know today...

Latest 2016 Election News Ahead of the 3rd GOP Debate

  • Donald Trump continues to make strange Bernie Sanders-esque statements on Twitter. First it was tax the daylights out of the wealthy and give the lower class a serious break; now it's "death to all super PACs."
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    For a list of striking similarities between Trump and Sanders, go here.
  • According to a Monmouth University poll released Monday, Dr. Ben Carson is leading Trump 32% to 18% among likely Republican Iowa voters. In a Monmouth poll conducted in August, the two had been tied at 23%.
  • Four hundred twenty-seven Twitter followers agreed with the following tweet from GOP hopeful Sen. Marco Rubio (R-FL) on Sunday.2016 election
    And speaking of conservative values, the young Florida senator has also declared his allegiance to West Coast rap, reported The Rolling Stone on June 6. West Coast rap is a subgenre of "gangsta rap" that encompasses any artists or music that originated from the West Coast region of the United States (as opposed to the East Coast). Both factors are oftentimes "warring" and are associated with gang violence and activity.
  • Vice President Joe Biden told TIME Magazine on Sunday that he simply didn't have enough time to run for president in the wake of his son Beau's death.
  • Former Virginia Sen. Jim Webb announced on Oct. 20 that he would no longer be seeking the Democratic presidential nomination. Instead, Webb stated he'd gauge support in the coming weeks for a possible bid as an independent candidate.
  • Lincoln Chafee followed Webb out the door on Friday. Chafee, however, did not express interest in running as an independent.
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GOP Debate Preview: The next showdown between the 2016 Republican presidential candidates will take place on Wednesday, Oct. 28. The format of this third debate was actually changed after several candidates complained the last few weeks. Now it is structured as a two-hour debate, including commercials and enough time for each candidate to really dig at his or her opponents...