Rick Perry Out

Katie Pavlich

1/19/2012 9:16:00 AM - Katie Pavlich

From CNN:

Rick Perry is telling supporters that he will drop his bid for the Republican presidential nomination on Thursday, two sources familiar with the plans told CNN.

According to POLITICO, Perry will endorse Newt Gingrich :

Rick Perry is expected to drop out later this morning at an 11 a.m. press conference and endorse Newt Gingrich, two sources confirmed to POLITICO.