Bachmann out after Iowa- but Rick Perry will carry on

"What the Congress had done, and President Obama had done, in passing ObamaCare, endangered the very survival of America. Our Republic. Because I knew it was my obligation to insure that President Obama's program of socialized medicine was stopped before it became fully implemented."

She called the health care bill "the largest expansion of entitlement spending in our country's history," labeling it the "playground of left-wing social engineering," and saying, "It must be stopped."

That opposition of the Affordable Care Act is one of the key — if not the key — factors that unite Republicans against the President. (The bill received only three Republican votes in the 535-member Congress when it was passed into law nearly two years ago.)

Though most of the remaining Republicans in the race who aren't named Mitt Romney consider themselves part of the Tea Party movement, Bachmann's rise nationally parallels the movement, which came to prominence in the months after Obama's election three years ago.

She was never taken seriously as a prime-time contender for the nomination, but her strong performance in the second debate of the season (the first in which people were paying attention) catapulted her to a win at the Ames, Iowa Straw Poll, a non-binding contest that gets even more disproportionate press attention that the Iowa Caucus does, because it happens in late Summer when the nation's political press is desperate to cover a competitive event.

Bachmann said in her speech that to defeat "ObamaCare" Republicans must rally around their party and their nominee, but she made no mention of whom she thought that might be.

Right around the same time that the news broke that Bachmann would be dropping out came word that Rick Perry, in Texas "re-assessing" his campaign, announced he would continue campaigning in South Carolina, which votes in its primary on January 21.

Florida Republican voters who were hoping to cast a ballot for Michele Bachmann during the state's Jan. 31 primary need to start contemplating another choice.

The Minnesota Congresswoman became the first casualty of the Iowa Caucus Wednesday morning, when she announced that she was dropping her bid for the GOP nomination for President. It was a tough blow for the Iowa native, who's campaign took off after she won the Ames Straw Poll back in August.

In her 10-minute consolation speech, she frequently labeled the Obama administration "socialist," and said the reason she entered the race was to stop was the health care reform plan passed by Congress in 2010, invoking the derisive term "ObamaCare" no less than 11 times.

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