The New York Times
January 4, 2011
On the morning before Iowa’s first-in-the-nation caucuses, Representative Michele Bachmann of Minnesota said she was counting on a “miracle”to resurrect her faltering campaign. On the morning after, she acknowledged that it was beyond saving.
Mrs. Bachmann said on Wednesday morning that she would not continue her campaign for the Republican presidential nomination.
“Last night, the people of Iowa spoke with a very clear voice, and so I have decided to stand aside,” Mrs. Bachmann said at a news conference in West Des Moines.
In her comments, she continued her criticism of President Obama and his policies, particularly his health care program and the Dodd-Frank bill that provided more oversight of the financial industry. “I will continue to fight to defeat the president’s agenda of socialism,” she said.