RICK PERRY DROPS OUT – Will Endorse Gingrich

Governor Rick Perry suspended his campaign today for president.

The Caucus reported:

Gov. Rick Perry of Texas is poised to end his bid for the Republican presidential nomination, according to two Republicans close to Mr. Perry, a decision that comes two days before the South Carolina primary.

Mr. Perry will not participate in the debate here on Thursday evening, an aide said, and will make the announcement to supporters and contributors in South Carolina at an 11 a.m. press conference. He had been aggressively campaigning across the state, hoping that the first Southern primary would revive his candidacy.

It was the second time that Mr. Perry had signaled that he would leave the race. After a poor showing in the Iowa caucuses two weeks ago, Mr. Perry said that he was returning to Texas to reassess his campaign, but he decided to press ahead in South Carolina.

It was unclear whether Mr. Perry would endorse one of his Republican rivals before the South Carolina primary on Saturday.

Fox News is reporting that Perry will endorse Newt Gingrich.

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