Rick Perry Bows Out of the Race

And another one bites the dust…

CBS News reports that Rick Perry dropped his bid for the Republican presidential nomination, on Thursday.

“I have come to the conclusion that there is no viable path forward for me in the 2012 campaign,” Perry said at a press conference in North Charleston, South Carolina. “I know when it’s time to make a strategic retreat.”

Perry now throws his support behind former House Speaker Newt Gingrich. Watch below for the full story:

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