U.S. Sen. Mitch McConnell, R-Ky., said Monday he believes the Republican Party will have a “credible, electable” candidate in the 2012 presidential election. The comments came at a luncheon hosted by the Logan County Chamber of Commerce, two days after U.S. Rep. Michelle Bachmann, R-Minn., won a straw poll in Ames, Iowa, over the weekend.