Rep. David Camp (R-Mich.) will decide whether or not to run for Senate by next January.

“I always knew I was going to be on the ballot. We run every two years in the House. "I just don't know where I'm going to be on the ballot at this point," he told Bloomberg TV in an interview airing Friday evening. "I think certainly by January, I'll be able to know whether I'm going to do one or the other.”

He said he was being encouraged to look at the race for the seat being vacated by Sen. Carl Levin (D). Former secretary of state Terri Lynn Land is so far the only prominent Republican in the race. Rep. Gary Peters is the likely Democratic nominee.

"It's an important state, a big state," Camp said. "A lot of people have urged me to take a look at it, and I think I owe them the respect of taking a serious consideration, because I think so much of the people who've talked to be about it.”

The House Ways & Means Committee chairman also pushed back on President Obama's push for corporate tax reform separate from any change in individual tax rates.

“It's really important we do both," Camp said, arguing that the latest jobs numbers show that individual tax reform is necessary. But, he said, "I'm glad the president's involved in the issue."