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Vilsack out of the race

Former Iowa Gov. Tom Vilsack To Drop 2008 Bid:

Democrat Tom Vilsack is abandoning his bid for the presidency after struggling against better-known, better-financed rivals, a senior campaign official told The Associated Press on Friday.

Vilsack left office in January and traveled through states holding early tests of strength. He had faced a tough challenge from rivals such as New York Sen. Hillary Rodham Clinton, Illinois Sen. Barack Obama and John Edwards, who have had more success raising money and attracting attention – even in Vilsack’s home state of Iowa.

Vilsack was scheduled to make a formal announcement later in the day. The official spoke to the AP on condition of anonymity to avoid pre-empting the Democrat’s statement.