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Bachmann drops out of GOP race; Perry stays in it

Wed., Jan. 4, 2012, 8:30 a.m.

Republican presidential hopeful Rep. Michele Bachmann says she is ending her 2012 GOP presidential bid.

But Texas Gov. Rick Perry said today he will stay in the race despite a fifth-place finish in the Iowa caucuses.

Bachmann’s announcement comes after the Minnesota congresswoman canceled her campaign trip to South Carolina today after a dismal showing in Tuesday’s caucuses.

Bachmann, 55, told a small group of supporters Tuesday night that she was staying in the presidential race — despite her sixth place finish — as the only true conservative who can defeat President Barack Obama. But her campaign is known to be low on money.

Perry wrote on his official Twitter account that the “the next leg of the marathon is the Palmetto State. … Here we come South Carolina!!!”

He attached a photo of himself jogging near a lake, wearing a Texas A&M running shorts and showing a thumbs-up.

The South Carolina primary is Jan. 21. New Hampshire’s is next Tuesday.

Perry had said Tuesday he would head home “to determine whether there is a path forward” for his White House bid after he finished a distant fifth in Iowa.

Bachmann’s campaign peaked early with a first place finish in the Iowa GOP’s summer straw poll, but by mid- to late September polling showed her in single digits. She focused her campaign efforts on Iowa, where she grew up.

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