September 27, 1999
Web posted at: 10:32 a.m. EDT (1432 GMT)

PHOENIX (CNN) -- With his war chest dwarfed by the party's front-runner and after a dismal showing in the Iowa straw poll, former Vice President Dan Quayle is poised to quit the Republican presidential race Monday.

Quayle came in eighth in the Iowa straw poll on August 15, well behind Texas Gov. George W. Bush, but vowed to stay in the race. He shifted his campaign staff to concentrate on Iowa and New Hampshire, but Quayle and his campaign chiefs concluded that they could not raise enough money to stay in the race, the Associated Press reported Saturday.

If he does withdraw, he will become the fourth Republican contender to drop out of the race for the White House before the first primary votes are cast. He is expected to announce his exit Monday at the Biltmore Hotel in Phoenix at 11 a.m. (2 p.m. EDT).

Quayle joins Ohio Rep. John Kasich; former Tennessee Gov. Lamar Alexander; and Sen. Bob Smith of New Hampshire on the list of GOP casualties on the campaign trail. Kasich and Alexander endorsed Bush after dropping out, while Smith left the party to run as an independent.

A former congressman and senator from Indiana, Quayle, 52, was picked by Bush's father, former President George Bush, to be his vice presidential running mate in 1988. After being defeated for reelection in 1992, he moved to Arizona.

Quayle had among the most extensive political resumes in a GOP field in which five candidates have never held elective office and Bush, the front-runner, won elective office only in 1994.

Correspondent Jonathan Karl and The Associated Press contributed to this report.

Monday, September 27, 1999

• Quayle quits GOP presidential race
• Committee to question Justice and FBI officials on Trie probe
• McCain formally kicks off campaign
• Male voters: In crisis or in control?
• Clinton touts higher-than-expected $115 billion budget surplus
• New Medicare reference books on the way
• Clinton using hoarse voice to speak for schools, candidate
• Tripp sues White House, Pentagon
• Some Nebraskans wonder if recall law has gotten out of hand
• Hastert says GOP intent not to rob Social Security

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