Wisconsin Gov. Scott Walker has called a press conference for 6pm Monday night, where it is reported that he will announce that he is ending his bid for the presidency.
The reason for his withdrawal appears to be the same as former Texas Gov. Rick Perry’s: funding.
“’The short answer is money,’ said a supporter of Mr. Walker’s who was briefed on the decision. ‘He’s made a decision not to limp into Iowa,'” The New York Times is reporting.
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“Donors have totally dried up for Walker, and getting people to come on Thursday was unbelievably hard,” said one of the donors. “Everyone I know was just totally stunned by how difficult the fund-raising became, but the candidate and the campaign just couldn’t inspire confidence.”
Donations to the candidate began to dry up after his disappointing performances in the first two Republican debates. Walker was among the top tier candidates entering into August’s debate, but his support had subsequently dried up. The Real Clear Politics average of polls over the last several weeks has him garnering 1.8 percent of voters, while a CNN poll released this week showed that his support had dropped to less than one percent.
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The Wisconsin governor was hoping to make his stand in neighboring Iowa, where he had been at or near the top for several months; however, once again, his standing dropped precipitously to a little over four percent in recent polling, putting him in seventh place.
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