A lack of money caused Rick Santorum's exit from the race
Apr-15-2012

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 of 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."

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