Bachmann Suspends Campaign – Vows to Defeat Obama’s “Agenda of Socialism”

Bachmann bows out.

(Reuters)

Michele Bachmann will suspend her campaign today. She scheduled a press conference for 11 AM EST.
National Journal reported:

Rep. Michele Bachmann is suspending her presidential campaign, said a senior Republican official with direct knowledge of the lawmaker’s plans. The official, who spoke on condition of anonymity, said the Minnesota lawmaker, a favorite of the tea party wing of the party and a harsh critic of President Obama, realized after her sixth-place finish in Iowa’s caucuses that “there was no viable way forward.” By suspending her campaign, Bachmann is effectively dropping out.

Texas Gov. Rick Perry, who received just 10 percent of the vote in Iowa, scuttled his South Carolina schedule and flew back to his home state to consider his options. Party leaders expect Perry to bow out, but there is no word of his decision.

UPDATE: Michele Bachmann vowed to fight Obama’s socialism.
CNN reported:

“Last night the people of Iowa spoke with a very clear voice and so I have decided to stand aside,” Bachmann told a crowd of supporters in West Des Moines. But, she added, “I will continue fighting to defeat the president’s agenda of socialism.”

“It is safe to say we don’t see a viable way forward,” a Republican source familiar with Bachmann’s campaign told CNN before the announcement.

Bachmann’s withdrawal is a blow to many die-hard tea party conservatives. The congresswoman, a leading populist conservative in the House of Representatives, has often led the GOP’s rhetorical charge against President Barack Obama’s agenda.

Michele Bachmann told supporters, “I have no regrets.”
Via Breitbart TV:

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