Perry drops out

Republican Rick Perry says he's dropping out of the GOP presidential race and endorsing Newt Gingrich.

By Beth Fouhy, David Espo | January 19, 2012 at 06:43 AM

NORTH CHARLESTON, S.C. (AP) — Republican Rick Perry says he's dropping out of the GOP presidential race and endorsing Newt Gingrich.

The Texas governor announced his decision Thursday at a news conference in South Carolina, two days before the state's primary.

Perry said he concluded there was no "viable path forward" for him in the race. He praised Gingrich as a "conservative visionary."

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