Cain: 'I'm Suspending My Presidential Campaign'

Herman Cain announces he will end his bid for the GOP nomination for President.
2:46 | 12/03/11

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Transcript for Cain: 'I'm Suspending My Presidential Campaign'
I have -- -- with -- -- badly. And I'm at peace what might fail. We didn't -- -- the most important thing. Now. -- -- -- -- Become -- president. Was planned -- before you get discouraged. Today -- wanted to scrap. A plan B. So as today. With a lot of prayer. And soul searching. I am -- spending my presidential campaign. I am -- spending. -- presidential campaign. Because be continued. Distraction. Because -- it. Hurt caused. On -- -- family. Not because. We -- not -- it. Not because I'm not a fighter. It's just that. When I went through this real steps -- But the other impact. -- My family first. Big impact -- and you. -- opponents. You'll support has been unwavering. And -- -- -- is the impact on the ability to Catania. The rays but that's their bonds to be competitive. We had to come to this and include. But. We have to come to this conclusion. That it would be best to -- expand this cam pain that's the bad news. -- the good news. The pundits. Would like me to. Shut up. Drop out. And go away. What adds. My. Grandmother who live via hundred -- four years old used to say. When somebody was did wrong bless that little parts. But at least silence and -- not gone away.

This transcript has been automatically generated and may not be 100% accurate.

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