More on Vilsack Ending His Campaign That Never Really Started...
DES MOINES, Iowa (Reuters) - Democrat Tom Vilsack, the former governor of Iowa, dropped his longshot 2008 White House bid on Friday after he failed to keep pace with his big-name rivals in raising funds.
"It's really about money," Vilsack said at his Des Moines headquarters as he shut down his 3-month-old campaign operation.
Vilsack faced an uphill struggle competing in the Democratic presidential race against a heavyweight field led by Sen. Hillary Rodham Clinton of New York, the former first lady, and rising star Sen. Barack Obama of Illinois.
He battled low name recognition and typically registered in the low single digits in national polls, well behind the top tier of Clinton, Obama and 2004 vice presidential nominee John Edwards.
His early departure highlights the difficulties facing five other underdogs still battling the three big names for the Democratic nomination, as a compressed nominating calendar puts an emphasis on the ability to raise money rather than small-scale, grass roots campaigning.