A source tells National Journal that Bachmann sees no way forward. The unconfirmed report:
Michele Bachmann, R-Minn., “doesn’t see a way forward in her campaign and will make an announcement to that effect this morning,” a senior Republican official with direct knowledge of the lawmaker’s plans said on Wednesday. The source stopped short of saying Bachmann is getting out. Bachmann polled 5 percent in Tuesday’s Iowa caucuses and has a news conference scheduled for 11 a.m.