Rick Perry suspends bid for Presidential candidate

Washington (CNN) Rick Perry suspended his bid for the 2016 Republican presidential nomination on Friday.

According to remarks prepared for delivery at the Eagle Forum in St. Louis that were released by his campaign, Perry will say deep financial problems have left him with limited staffing in several key states.

\"That is why today I am suspending my campaign for the presidency of the United States,\" he will say.

Perry's campaign, his second bid for the White House, never gained traction in the polls and has run into financial troubles.

This week, Perry shuttered his South Carolina campaign headquarters in the capital city of Columbia, his state chairman Katon Dawson confirmed Tuesday.

This comes almost a month after the Perry campaign announced that it would no longer be paying staff across the country.

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