After spending $150 million on an establishment-backed campaign that only ended in poor election results, former Florida Governor Jeb Bush announced Saturday night that he is suspending his campaign for the Republican Presidential Primary nomination. Bush finished in fourth place after receiving only 8% of the vote in the South Carolina GOP primary.
Bush had trailed fellow Floridian Senator Marco Rubio for third place in South Carolina by double digits. Many political analysts believe that the departure of Bush from the race will mean that the establishment backing and financing will now go to Rubio.
"We could not be more proud of Jeb Bush, the campaign he ran, and the hopeful and optimistic message of conservative reform that he communicated throughout this primary," Bush's $100+ million Super PAC wrote in a statement following Bush's announced departure from the race. "Our team is grateful to the more than 11,000 Jeb Bush supporters who helped us in our efforts. We are ceasing our activities in support of Governor Bush's nomination."
Image Credit: Jeb Bush Campaign via Instagram.