Rick Santorum said Thursday that he ended his presidential bid because he ran out of money, his campaign was in debt and he would have been unable to air any advertising in Pennsylvania.
"Money isn't everything in politics, but you do have to have enough to be successful, and we were reaching a point where we were frankly not in the position," Santorum said in his first interview since suspending his campaign Tuesday, on the "Today's Issues" show on the American Family Radio Network. "We simply didn't have the resources to compete going forward."
The remarks were the most direct Santorum has made about why he dropped out of the race two weeks before a critical primary in his home state, Pennsylvania. Previously, he alluded to his seriously ill youngest child who was recently hospitalized, as well as the allocation of delegates in upcoming contests.
In the interview with Family Research Council President Tony Perkins, Santorum said his campaign organization had grown and had been "just burning through cash" in recent contests, while donations slowed to a "trickle," leaving the campaign in debt for the first time and for an amount that Santorum said he was not comfortable with.
"I'll be honest with you, Tony - in the last week after Wisconsin, we basically raised almost no money," Santorum said. "We had solicitations going out and people were just emailing back saying the race was over."
Nice of him to admit the truth two days later. What a hero.
Look, Santorum was basically told he was getting out when his backers were told THEY were getting behind Romney. It's a Citizens United world, and it goes both ways. Whoever controls the big fish, controls the race, and Ricky here lost control some time ago. He was never a serious candidate, just a bargaining chip to make sure Mitt Romney was going to go the full Tea Party route. The wingers with all the money are satisfied now, so Santorum got cut off along with Newt. Game ends.
Now the real battle begins.
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