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This document appears to be a page from a political strategy memo or analysis (bearing a House Oversight Bates stamp) discussing the viability and mechanics of a third-party presidential run, likely written between 2016 and 2020. It analyzes the legislative hurdles a third-party president would face, such as the Senate filibuster, and details the constitutional process of the House of Representatives selecting a president if no candidate reaches 270 electoral votes. It references Michael Bloomberg's 2016 decision not to run to avoid helping Donald Trump and speculates on the outcome of a similar scenario in 2020.