By Selena Hill (staff@latinospost.com) | First Posted: May 28, 2013 06:46 PM EDT

Real Estate mogul and TV personality Donald Trump has spent over $1 million on electoral research for a potential presidential run in 2016.

Trump's executive VP and special counsel Michael Cohen told the New York Post and confirmed to CBS News that "The electoral research was commissioned. We did not spend $1 million on this research for it just to sit on my bookshelf."

Cohen added that "At this point Mr. Trump has not made any decision on a political run, but what I would say is that he is exactly what this country needs. The turnout at these political speeches indicates his following remains very strong and is growing."

The outspoken tycoon has been toying with the idea of being Commander-in-Chief since 1988 when he first decided to run. He also flirted with the idea of jumping into the 2012 presidential race, but instead endorsed the Republican nominee Mitt Romney.

Sources said the "Celebrity Apprentice" host is increasingly being asked to speak at Republican events, and that his appearance at the Oakland County Republican Party Lincoln Day Dinner in Michigan last week brought out a record crowd of 2,300.

"Everybody tells me, 'Please run for president. Please run for president.' I would be much happier if a great and competent person came along," Trump reportedly told attendees. "I'd be happy if President Obama did a great job. I'm a Republican, but before anything, I love this country. I would love to see somebody come in who is going to be great."

However, despite these hints, the US News & World Report doubts that "The Donald" will make another run for the White House. According to their reports, the $1 million Trump supposedly spent researching 2016 was actually spent for the 2012 race. The conservative publication added that Trumps "expensive analysis" currently sits on Trump's bookshelf in the form of several books "five times the size of 'War and Peace,'" and is affectionately known as "The Bible."

The books contain information about "what he would need to win over voters state-by-state, who he'd need to talk with and what needs to be done in each state," according to Cohen.

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