Texas Gov. Rick Perry

*Texas Gov. Rick Perry announced today that he is ending his bid for the Republican nomination for the presidency.

Earlier, we reported …

Texas Gov. Rick Perry, who parachuted into the Republican presidential contest on a surge of upbeat expectations, only to end up basically crashing and burning, is expected to exit the race today, two days before the South Carolina primary in which he was trailing far behind the leaders.

Perry will hold a press conference in North Charleston at 11 a.m. ET, when he’ll suspend his candidacy.

Perry almost quit the race after a weak fifth-place finish in Iowa’s leadoff caucuses.  But urged on by his wife and supporters, he decided to press ahead, skipping the New Hampshire primary and putting all of his emphasis on South Carolina.

Read/learn more at LA Times.