Thursday, January 19, 2012

Rick Perry to drop out of the presidential race (UPDATED)

1st UPDATE: 10:19 a.m. EST: Mr. Perry's decision should not come as a surprise; he failed to gain any traction in either the Iowa Caucuses or the New Hampshire Primary, and he trails badly in South Carolina, which hosts its primary on Saturday.

His purported endorsement of Mr. Gingrich could be decisive. As Politico reports, the former Speaker of the House has narrowed the gap between front-runner Mitt Romney and him.
Mitt Romney remains the clear front-runner in South Carolina, but the intensity of Newt Gingrich’s support places him within striking distance going into Saturday’s Republican primary.
A POLITICO poll of likely voters shows the former Massachusetts governor atop the GOP field with 37 percent and the former House speaker at 30 percent.
Texas Congressman Ron Paul trails with 11 percent, followed by former Pennsylvania Sen. Rick Santorum at 10 percent and Texas Gov. Rick Perry, who barely registers at 4 percent. Just 8 percent remain undecided.
ORIGINAL POST: The Washington Post reports that the Texas governor will drop out of the race this morning (U.S. EST) and he's expected to endorse one of his rivals.
Texas Gov. Rick Perry will end his bid for the Republican presidential nomination today and is expected to endorse former House Speaker Newt Gingrich, according to two sources familiar with his thinking.
Gingrich himself said via email this morning that all he knows is “not much. Rumors.”
Perry has called a press conference at 11 a.m. this morning in North Charleston to announce the news, which was first reported by CNN’s Peter Hamby.

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