The National Journal is reporting that, according to a senior Republican official who spoke on condition of anonymity, Rep. Michele Bachmann of Minnesota is suspending her campaign. In other words, her run for her party's presidential nomination is over. 

Considering she came in just about dead last in last night's Iowa caucuses, this isn't a huge surprise, and we can likely anticipate an official announcement from the campaign to follow.

From the National Journal:

Rep. Michele Bachmann is suspending her presidential campaign, said a senior Republican official with direct knowledge of the lawmaker’s plans. The official, who spoke on condition of anonymity, said the Minnesota lawmaker, a favorite of the tea party wing of the party and a harsh critic of President Obama, realized after her sixth-place finish in Iowa’s caucuses that “there was no viable way forward.” By suspending her campaign, Bachmann is effectively dropping out. . .

The fallout leaves Mitt Romney as the clear front-runner for the GOP nomination, with former Pennsylvania Sen. Rick Santorum hoping his second-place finish in Iowa will be enough to make him a viable conservative alternative. Texas Rep. Ron Paul finished a close third.

Read more at the National Journal.

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